The application of game theory in COVID-19 time

Abstract

The essay is mainly about the application of game theory in markets of COVID-19 time. And int explains the thoughts of people (customers and companies) when the new policies came out. The essay gets the conclusion that COVID-19’s causes anxious of citizens, and this kind of feelings lead to the shortage of goods, then the governments or firms came out the policies to make sure there is enough goods by limiting number of goods people can buy. This research will help explaining the reason of the polices set by the governments and firms, and also explaining people’s reaction and feelings or thoughts about these polices. It helps the governments or firms learn and prepare from this virus infection events to next one.