Game theory and the laws of Thailand
The evolution of game theory into a magic bullet of the real economic world It is the purpose of game theory to analyze game situations and, on this basis, to give instructions for action and to identify game strategies. Game situations can be markets, competitive situations, but also the legal framework and fiscal regulations. The variables of the game are the level of information, the options for action, and the rationality of the actions of other participants. A typical conclusion of game theory is the realization that a balance (equilibrium) results from the given situation, which is most useful for all participants (Nash Equilibrium). The strictly dominant strategy in game […]
Read moreSeven deadly sins: The status quo of Thailand’s Foreign Business Act
Foreign Business Act
FBA: The laws and regulations of Thailand’s foreigner legislation should never be underestimated. However, they can and should be carefully managed and seven deadly sins should be avoided.
Read moreConsumer protection for foreigners in Thailand
Consumer Protection in Thailand
The scope of consumer protection for foreigners investing in Thailand
Read moreThe acquisition of a Thai company
Up-to-date overview regarding legal aspects of foreign company acquisitions in Thailand
Read moreThailand 4.0
Seven deadly sins: The status quo of Thailand's Foreign Business Act
Thailand 4.0: Value based economy with an emphasis on research and development, science and technology, creative thinking, and innovation.
Read more
