engleski

Game Theory and its Application in Analysis of Relationship Between Educational System and Labour Market

Game theory presents a set of interactions which are used in order to bring optimal strategies. It has been recognized and developed in many natural, social and humanistic sciences during the 20th century, with a special contribution from John von Neumann and John Nash. This paper deals with game theory application in the relationship between educational system and labour market, which are not sufficiently coordinated in Croatia, though the problem is recognised by relevant Croatian institutions. Croatian Government, Ministry of Science, Education and Sport, and Ministry of Labour and Social System outline several goals in their most important documents. One of them is the need for harmonisation between educational system and labour market as an important condition of an effective educational system, more productive labour market, and for launching of a number of positive trends in economy. This paper aims at presenting available strategies and finding optimal ones by using game theory. The analysis is based on assumed values which means that solutions are not specific. It demonstrates the perspective and meaning of game theory as a method of making optimal strategic decisions for both dominant partners of the Croatian Government.

game theory; educational system; labour market; strategy

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