RELATED PHENOMENOLOGICAL STUDIES OF ECONOMIC THEORY OF GAMES IN PANDEMIC SITUATION (CASE STUDY OF THE ECONOMY IN INDONESIA)
The purpose of this article is to examine and analyze the Phenomenological theory of economic theory of games with the case of the impact of the pandemic in Indonesia. This methodology is carried out with a brief review of several previous studies, so that it can be concluded concisely and in detail without conducting data testing. The results of the analysis of previous data and literature show that monetary policy is implemented in an effort to meet macroeconomic goals, namely maintaining economic stability, one of which is related to inflation and unemployment. In the pattern of discretionary policy, the monetary authority is allowed to determine the rate of inflation with the benefits obtained, including the development of economic activity. Barro-Gordon's monetary economic model explains the relationship between monetary authorities and the public in inflation policymaking through a game theory approach. It is this model that is then tried to elaborate through the approach of game theory. Marinatto-Weber explains the game of battle of sexes through a quantum mechanics approach by presenting quantum strategies in the game. The density matrix approach in the game produces a entangled quantum strategy while explaining the phenomenon of quantum entanglement. Marinatto-Weber's quantum game theory was tried-applied to barro-Gordon's model of monetary economics. The final result of the application of game theory corresponds to the final result of the classic version of the monetary economy game model. Quantum game theory explains more in the players' efforts to set the game strategy.
Phenomologhical study, Economic Theory, Games Theory and Pandemic; JEL Classification Codes: C73, E31, P44