Game Analysis of Financial Supervision in International Financial Crisis
An universal and comprehensive complete information static game model between market participants and supervisors and analyze the factors that stimulate irregularities and the inhibitory effect of irregularities based on the idea of game theory. According to the game analysis, we propose some effective standards and recommendations for both participants and supervisors to resolve financial risks, including save supervision cost, improve the efficiency of financial supervision, establish incentive and restraint mechanisms for both participants and supervisors in order to make full use of the learning mechanisms and demonstration effect.
financial supervision game theory mixed strategy nash equilibrium
Xin Luo Pei-ai Zhang
Department of Mathematics, Jinan University, Guangzhou, 510632, P.R.China
国际会议
2011 China Control and Decision Conference(2011中国控制与决策会议 CCDC)
四川绵阳
英文
46-50
2011-05-23(万方平台首次上网日期,不代表论文的发表时间)