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Evolutionary Game Analysis Of Futures Company’s Violation

Posted on:2017-01-05Degree:MasterType:Thesis
Country:ChinaCandidate:M LiaoFull Text:PDF
GTID:2309330503479716Subject:Applied Economics
Abstract/Summary:PDF Full Text Request
As an important part of the securities market, the futures company standardized operation not only directly affect the company’s sustainable development, but also have a significant impact on the stable operation of the stock market, for the promotion of economic structural adjustment has an important role in promoting economic development. However, under the current government to develop a number of regulatory legislation, the regulatory effect of regulatory authorities is not clear, futures companies repeated violations still occur. In today’s futures market the most developed, the most complete view of the United States, the US Futures Commission must deal with a number of illegal trading event each year. The United States and other developed countries, and contrast, China’s futures companies more serious violations. How to prevent irregularities futures companies, the use of futures for the enterprise’s production and business activities and services, the government’s macroeconomic regulation and control service, which is placed in front of us a new topic.The first chapter introduces the research background, significance of the topic, research methods, research status. The second chapter introduces the basic theory including evolutionary game theory, the theory of market manipulation, market supervision theory, asymmetric information theory. It focuses on the core concepts of evolutionary game theory and development process. The third chapter introduces the specific performance of specific cases Futures irregularities and motivation. Chapters IV and V established evolutionary game model, which is the fourth chapter of symmetry violations between futures companies evolutionary game model, the fifth chapter is between companies and futures regulators asymmetric evolutionary game model. By using the two models evolutionary stable strategy and Replicator Dynamics Equation stable equilibrium point by giving parameters take different values, stable equilibrium point will change accordingly. After conducting theoretical analysis using Matlab software simulation model proposed evolution process. By symmetry violation in evolution between the game model analysis of futures companies, the system equilibrium game model between the company and futures regulators asymmetric evolution, derived factors affecting system stability point, and the combination of these factors gives the corresponding recommendations so you can choose the appropriate measures to prevent irregularities participants.
Keywords/Search Tags:Evolutionary, Game, Analysis, Futures, Company, Evolutionarily, stable, strategy equilibrium
PDF Full Text Request
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