ВИКОРИСТАННЯ ТЕОРІЇ ІГОР ДЛЯ МОДЕЛЮВАННЯ ЕКОНОМІЧНОЇ ПОВЕДІНКИ НА ФІНАНСОВИХ РИНКАХ

Abstract

The article analyzes simulation methods using game theory of the influence of information that runs inside and outside the market on exchange rates and prices through the strategic behavior of people directly involved in financial transactions. The purpose of the research conducted in the article is to simulate an investor's economic behavior to make an investment decision using a game theory methodology. To select the types of games that are suitable for the financial markets, the classification of game theory is generalized. A variety of factors and all kinds of behavioral strategies make up an event space that is measured by behaviors. It is determined that exchange players are building different strategies that lead to the required results only in specific game conditions, without using the standard theory of general equilibrium. The financial market can be considered a non-cooperative, continuous and parallel zero-sum game whose participants possess perfect information. There are several sequential actions of financial market participants based on the concepts of game theory: the player in the financial market must choose his style of trading or investing; the player must clearly understand who the other players are in the game; there is a limited rationality in the actions of participants in the financial market; analytical work that excludes the emotional component of decision making is important; the financial market participant must formulate its own strategy. It is justified that if people behaved more predictably (would be much slower in responding to different situations, making minor adjustments to the intended strategy or not changing it at all), and if the probability of success did not depend on the actions of other participants, market development would be extremely slow. But financial behavior is driven by motives, information, reputation, assumptions, hopes, willingness to take risks, incentives and other non-statistical indicators. The author has developed a method of using game theory in the practice of making investment decisions, provided that the investor wants to buy securities on the stock exchange for 10,000 UAH. and examines the shares of one of two companies: either A or B. The sequential actions of financial market participants based on game theory concepts are revealed.