The application of game theory in the equilibrium of shareholding companies in Iranian and English law

Document Type : Original Article

Authors

1 PHD student. Private Laws of Islamic Azad University, Qeshm Branch, Qeshm, Iran

2 Associate Professor of Economic Law, Hormoz Studies and Research Center (Hormoz Research Institute), Hormozgan University and Professor of Islamic Azad University, Qeshm Branch

3 Assistant Professor of Law, Islamic Azad University, Raja Branch, Qazvin, Iran

10.30510/psi.2022.357942.3882

Abstract

In the environment full of challenges in today's world, economic enterprises are strongly competing with each other and it is not possible to make correct decisions by only using traditional decision-making methods in the conditions of confidence, risk and uncertainty in order to face internal and external competitors, so knowledge New techniques are felt more than before in conflict situations to deal with competitors. The use of such techniques helps in the economic evaluation of investment in shares and risk management and helps the investor in making better decisions. Considering that investing in developing countries faces many risks due to the existence of many unknown variables and there are many competitors, knowing methods such as game theory and using it to succeed in facing numerous competitors in the markets It seems necessary now. The present article tries to investigate the equilibrium of joint stock companies by using game theory models using the laws of two countries, Iran and England. The research method in this article is descriptive-analytical, and the findings indicate that the game theory in Iranian and British law has been able to have a significant effect on the balance of shareholding companies.

Keywords