Dynamic Equilibrium of a Market and Corporate Strategies - A Game Theoretic Approach
22 Pages Posted: 11 May 2009
Date Written: May 11, 2009
Abstract
The present paper introduces a model of dynamic equilibrium in a market, based on game theoretic approach, with specific development for capital markets and corporate strategies. The model allows to study some aspects of structural change in markets, both its dynamics and qualitative aspects. An empirical research in the Polish capital market, in a sample of 79 non-financial firms listed in the Warsaw Stock Exchange, follows as an exemplification.
Keywords: market equilibrium, corporate strategies, capital market, game theory
JEL Classification: B41, C70, D50, D52, D81, D84
Suggested Citation: Suggested Citation
Do you have a job opening that you would like to promote on SSRN?
Recommended Papers
-
By Henry Hansmann, Reinier Kraakman, ...
-
By Henry Hansmann, Reinier Kraakman, ...
-
The New Business Entities in Evolutionary Perspective
By Henry Hansmann, Reinier Kraakman, ...
-
Depersonalization of Business in Ancient Rome
By Barbara Abatino, Giuseppe Dari‐mattiacci, ...
-
Competing Visions of the Corporation in Catholic Social Thought
By Mark Sargent