Neglected Theories of Business Cycle—Alternative Ways of Explaining Economic Fluctuations

The business cycle is a frequent topic in economic research; however, the approach based on individual strategies often remains neglected. aspiration of this study to prove that behavior individuals can originate and fuel an cycle. For purpose, we are using algorithm repeated dove–hawk game. results reveal sum output society affected by ratio strategies. Cyclical changes will be translated into fluctuations total product society. We present game theory modelling strategic behavioral as valid theoretical foundation for explaining fluctuations. This article offers unusual insight cycle’s causes growth theories.