INVESTMENT PROCESS SIMULATION BASED ON THE THEORY OF GAMES

Abstract

The paper describes a method for simulation of interaction of investment process parties based on the
theory of games. The interests of main parties of the investment process, i.e. an investor and the region are
described. The authors consider the examples of preferential taxation and subsidy assistance, on the basis of
which the possibility of formalization and simulation of this interaction as a bimatrix game is proved. The
paper gives a description of the systemized by the authors experiment in the form of a game “investorregion”.
The payment matrix is created. The search for equilibrium is conducted. The authors have received
experimental confirmation of the hypothesis of the presence of several equilibria in this game. The method
for constructing a model of formalization of making investment decisions is suggested.