Dynamic Game Research on Asset Structure Optimization

DOI

10.2991/etmhs-16.2016.174How to use a DOI?

Keywords

Asset Structure Optimization; Path Dependence; Dynamic Game Model

Abstract

Through constructing complete information dynamic game model, this paper studies the path dependence and dynamic game of enterprise asset structure optimization. Asset structure optimization strategy path depends on the expected asset structure and product market competition strategy. In the long run, the path of the asset structure optimization strategy is unstable. The change of the capital contract, the change of the transformation factor and the change of managers’ cognition of equilibrium return lead to the inconsistency of the asset structure optimization strategy.

Copyright

© 2016, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - He Chen
AU  - Baifang Liu
AU  - Liqiu Sui
PY  - 2016/01
DA  - 2016/01
TI  - Dynamic Game Research on Asset Structure Optimization
BT  - Proceedings of the 2016 2nd International Conference on Education Technology, Management and Humanities Science
PB  - Atlantis Press
SP  - 807
EP  - 811
SN  - 2352-5398
UR  - https://doi.org/10.2991/etmhs-16.2016.174
DO  - 10.2991/etmhs-16.2016.174
ID  - Chen2016/01
ER  -