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AMC不良资产拍卖处置定价决策博弈分析
Pricing AMC’s non-performing assets auction with game theory
【摘要】 在分析AMC不良资产拍卖特点的基础上,采用博弈思想,建立了AMC不良资产拍卖处置决策博弈模型,并对AMC不良资产拍卖定价模型的纳什均衡解进行了探讨,讨论了定价中不良资产实际价值和拍卖处置费用等有关要素对拍卖价格的影响,从博弈的角度解析了AMC不良资产拍卖定价决策机理,为实践中AMC拍卖处置不良资产提供了理论上的指导。
【Abstract】 With analyzing the character about Asset Management Company(AMC) non-performing assets auction,this article modeled the AMC’s Non-Performing assets auction treatment with game theory.The Nash Equilibrium solution of the AMC non-performing assets auction was derived.Simultaneously,the problem of Non-Performing assets’ actual value and auction cost influencing auction price were discussed and pricing decision mechanics were obtained based on the game theory.It offered a guidance of the AMC’s Non-Performing assets auction in practice theoretically.
【关键词】 资产管理公司(AMC);
不良资产;
拍卖;
博弈论;
定价;
【Key words】 asset management company(AMC); non-performing assets; auction; game theory; pricing;
【Key words】 asset management company(AMC); non-performing assets; auction; game theory; pricing;
【基金】 国家自然科学基金项目(70772087);教育部人文社会科学研究基金项目(06JA790012)
- 【文献出处】 科学学研究 ,Studies in Science of Science , 编辑部邮箱 ,2009年03期
- 【分类号】F224.32;F832.39;F724.59
- 【被引频次】11
- 【下载频次】526