Title :
Game analysis on coal mine science and technology innovation investment
Author :
Chen, Xiang ; Zhao, Xin ; Cai, Weihua
Author_Institution :
Sch. of Econ. & Manage., Hebei Univ. of Eng., Handan, China
Abstract :
Coal science and technological innovation investment is economic activity that involves local governments, enterprises and other behavior subjects. These subjects influence and restrict mutually to maximize their utility. The paper used game theory and constructed a model to analyse the relation among enterprises. Finally, some important conclusions were drawn in the paper. And the most important conclusion is that the probability that each enterprise choose to invest reduces with the number of the enterprise increasing gradually.
Keywords :
coal; game theory; innovation management; investment; mining industry; utility theory; coal mine science and technology innovation investment; economic activity; enterprise relation; game analysis; game theory; local government; probability; utility maximization; Correlation; Economics; Equations; Fuel processing industries; Games; Investments; Technological innovation; coal mine; game theorystyle; science and technology innovation investment;
Conference_Titel :
Information and Financial Engineering (ICIFE), 2010 2nd IEEE International Conference on
Conference_Location :
Chongqing
Print_ISBN :
978-1-4244-6927-7
DOI :
10.1109/ICIFE.2010.5609258