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English Abstract: The authors review the availability and allocation of commercial credit in China, the investment options presented to savers and the funding options available to Chinese banks. They highlight the markets intrinsic deficiencies, vast externalities and tremendous potentials for...
Persistent link: https://www.econbiz.de/10013057291
In this paper, in order to study the strategic interactions between “cooperation”, “defection” and “altruistic punishment”, a mutation-selection dynamics, with the Prisoner's Dilemma as the background, has been established on an embedded Markov chain, proved the following...
Persistent link: https://www.econbiz.de/10015233078
In this paper, in order to study the strategic interactions between “cooperation”, “defection” and “altruistic punishment”, a mutation-selection dynamic, with the Prisoner's Dilemma as the background, has been established on an embedded Markov chain, proved the following conclusions:...
Persistent link: https://www.econbiz.de/10015233242
-run equilibrium model on consumer choice theory and game theory according to actual conditions, At last, through long-term and medium …
Persistent link: https://www.econbiz.de/10015235923
Persistent link: https://www.econbiz.de/10015240656
studied n the framework of game theory. Theoretical model showed that in the monopolized political market, the participation … surplus of participants would serve as the rents of monopoly power. However, when the political market competition, such as … that there exist a trap of development; we also pointed how ideological conflict, clash of civilizations, economic …
Persistent link: https://www.econbiz.de/10015216928
Persistent link: https://www.econbiz.de/10015243590
This article employed a voting model to describe the optimum strategy for later retirement. The results indicated that, later retirement just a emergency measure to pension shortfall. The preference to later retirement was related with the gap between actual age and legal retirement age. The...
Persistent link: https://www.econbiz.de/10015248012
Persistent link: https://www.econbiz.de/10000964940