Under the Limited Rational Conditions the Games between the Investors in Securities
The game between buyer and seller in stock market is inevitable due to their common purpose of gaining profits. The classical supposition in the traditional game theory is the complete rational person, and it does not match reality in serious conditions. Therefore, the game theory was improved by using the concept of a limited rational of game theory and introducing of the dynamic reproduction thinking. Evolutionary Game methods was applied to the stock market, and then made the dynamic reproduction thinking combined with the binary tree. It, built a dynamic stability strategy in the prediction model, which can guide securities investors for a more rational investment.
limited Rationality Evolutionary Game Theory Evolutionary stable strategy
Cheng Wei Wang Hailong Zeng Xiaodan
School of Management, Shenyang University, Shenyang, P.R. China, 110044
国际会议
郑州
英文
2008-09-20(万方平台首次上网日期,不代表论文的发表时间)