Government intervention policies in competition of financial chains: a game theory approach

Volume: 49, Issue: 3, Pages: 960 - 981
Published: Aug 1, 2019
Abstract
Purpose This study aims to analyze the competition of two financial chains (FCs) when the government intervenes in the financial market to prohibit the excessively high-interest rate by minimizing the arbitrages caused by speculative transactions. Each FC comprises an investor and one intermediary, attempts to finance the capital-constrained firms in financing needs. Design/methodology/approach Using a Stackelberg game theoretic framework and...
Paper Details
Title
Government intervention policies in competition of financial chains: a game theory approach
Published Date
Aug 1, 2019
Journal
Volume
49
Issue
3
Pages
960 - 981
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