Dynamic Game Research on Asset Structure Optimization
He Chen, Baifang Liu, Liqiu Sui
Available Online January 2016.
- https://doi.org/10.2991/etmhs-16.2016.174How to use a DOI?
- Asset Structure Optimization; Path Dependence; Dynamic Game Model
- 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.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
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 - 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 - https://doi.org/10.2991/etmhs-16.2016.174 ID - Chen2016/01 ER -