Title :
Quality of innovative financial products games analysis between financial institution and regulatory division
Author :
Wang Yalin ; Yu Tao
Author_Institution :
Shandong Normal Univ., Jinan, China
Abstract :
Based on the relationship between innovation made by financial institution and supervision implemented by regulatory division, this paper search on the relationship theoretically between them from the perspective of the game theory. It reveals what the quality of the financial institution innovation have to do with the superintending strength of the regulatory division through the analysis on the model of dynamic games of complete information and incomplete information, thus provide suggestions for financial institution and regulatory division combined with the results of the game model. Finally ensure the quality of the financial products and the steady development of the financial market while promoting the financial innovation.
Keywords :
game theory; product quality; stock markets; financial institution innovation; financial market; financial regulatory division; game theory; innovative financial product quality; Analytical models; Games; Nash equilibrium; Product design; Quality assessment; Technological innovation; financial innovation; financial products quality; game theory; supervision;
Conference_Titel :
Control and Decision Conference (CCDC), 2015 27th Chinese
Conference_Location :
Qingdao
Print_ISBN :
978-1-4799-7016-2
DOI :
10.1109/CCDC.2015.7162047