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The Research Of The Same Competitive Strategy Of Banking Industry In China

Posted on:2014-03-02Degree:MasterType:Thesis
Country:ChinaCandidate:F XuFull Text:PDF
GTID:2269330422455829Subject:World economy
Abstract/Summary:PDF Full Text Request
In the competition of banking sector in China, to maximize the amount of softinformation control is an important goal. In an n-dimensional Euclidean space, thereexists Nash equilibrium for two different banks in the competition of soft informationcontrol. Keeping the same competitive strategy is the best response to each other’sactions of the two banks. Further analysis is based on the incomplete informationdynamic game between various branches of the same bank. The Nash equilibriumsolution for the first mover is to design strategy based on market information, whilethe followers’ optimal strategy is to imitate the first mover’s policy, whateverknowledge that they may obtain.
Keywords/Search Tags:Competition of Banking in China, Soft Information, Non-cooperatedGame, Nash Equilibrium, Incomplete Information Dynamic Game
PDF Full Text Request
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