Game Theory Approach to Modeling and Analyzing Inheritance Allocation of a Passed-away Couple

Subject Areas : Labor and Demographic Economics

majid  sheikhmohammadi ¹ (استادیار اقتصاد دانشگاه تربیت مدرس)
mostafa  abbasi ² (دانشجوی دکتری دانشگاه جامع امام حسین (ع))

Received: 2016-10-10 Accepted : 2016-10-10 Published : 2016-04-20

Keywords: game theory, Coalition, Equilibrium, Inheritance Allocation, Modeling JEL Classification: C72, C62,

Abstract :

The main aim of this study is to model and analyze the challenge of inheritance allocation remained by a passed-away couple based on the inheritors strategies and objectives by using Game Theory approach. So, by the help of Graph model to analyze the challenges between the inheritors of a passed-away couple based on the laws and regulations in Islamic Republic o Iran. This model contains two kinds of players selected through 64 abstract constructions of the strategies by applying some limitations and analyzed 8 possible cases and finally, 2 cases predicted as more likely. The results represent that this competition has two equilibriums. That is, if the players stand in thie situations, they have no desire to exit. By the coalition of the players, the results will be more appropriate to get more. The findings of the modeling is completely consistent with real results of the challenges.

References:

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