Game Theory Models for Derivative Contracts: Financial Markets Stabilization and Credit Crunch, Complete Analysis and Coopetitive Solution - Couverture souple

Carfì, David; Musolino, Francesco

 
9783659130502: Game Theory Models for Derivative Contracts: Financial Markets Stabilization and Credit Crunch, Complete Analysis and Coopetitive Solution
Couverture souple
ISBN 10 : 3659130508 ISBN 13 : 9783659130502
Editeur : LAP LAMBERT Academic Publishing, 2012

Synopsis

In the last 30 years, derivatives have become increasingly important in the world of finance. Their frequent use has caused instability on financial markets, so as to leave ample opportunities for profit to speculators with large capitals. Just the sudden price fluctuations and the strong speculative pressures have exacerbated the present economic crisis. The current financial system is based on virtual money which does not confluence into the real economy, remaining stuck in the finance world ("credit crunch" phenomenon). So, it becomes appropriate to establish the "rules of the game", in order to redistribute the social wealth in a way at least close to the equity concept. Just this, as much as possible, we try to do in this work: we study a game theory model in which we see as a simple method (the application of a tax on speculative financial transactions) can cure a sick system, stabilizing the financial markets. The objective can be realized, as we shall see, without inhibiting the profit opportunity, nor for businesses nor for speculators. Also, in a second coopetitive game theory model, we propose a solution to the credit crunch, in order to allow a global economic recovery.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Présentation de l'éditeur

In the last 30 years, derivatives have become increasingly important in the world of finance. Their frequent use has caused instability on financial markets, so as to leave ample opportunities for profit to speculators with large capitals. Just the sudden price fluctuations and the strong speculative pressures have exacerbated the present economic crisis. The current financial system is based on virtual money which does not confluence into the real economy, remaining stuck in the finance world ("credit crunch" phenomenon). So, it becomes appropriate to establish the "rules of the game", in order to redistribute the social wealth in a way at least close to the equity concept. Just this, as much as possible, we try to do in this work: we study a game theory model in which we see as a simple method (the application of a tax on speculative financial transactions) can cure a sick system, stabilizing the financial markets. The objective can be realized, as we shall see, without inhibiting the profit opportunity, nor for businesses nor for speculators. Also, in a second coopetitive game theory model, we propose a solution to the credit crunch, in order to allow a global economic recovery.

Biographie de l'auteur

PhD, Professor of Mathematics in Economics and Finance, Research Scholar in USA. Invited speaker in USA, India, Russia, Canada, France, Germany, Uzbekistan, Belgium - for Game Theory in Economics and Finance and Differential Geometry in Finance. Francesco Musolino is Dr. in Economics and Business Management, author of many papers on the subject.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
LAP LAMBERT Academic Publishing
Date d'édition
2012
Langue
anglais
ISBN 10 
3659130508
ISBN 13 
9783659130502
Reliure
Broché
Nombre de pages
172
Coordonnées du fabricant
non disponible
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