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논문검색

Research on Behavior of Capital Flight based on Evolutionary Game Theory

초록

영어

Through the establishment of the capital flight model of asymmetric evolutionary game, this paper focuses on the study of game relationship among perpetrators, perpetrator assistants and government, and analyzes the evolutionary stable process under different conditions by three-dimensional figures. This paper also analyzes and compares features between the two parties’ model and the three parties’ model, connecting the two kinds of evolutionary games and providing a theoretic basis for a better understanding of the mechanism of capital flight and motivation of all groups. The result shows that by making use of expectation, government can control the ESS of capital flight groups by adjusting relative benefits and punishment in different regulation modes. It can also expand the strategy space that is in favor of capital control through the adjustment. In the end, this paper will propose policy suggestions for the control of capital flight according to the research findings above.

목차

Abstract
 1. Introduction
 2. A Model under Three Asymmetric Parties ( 2´2´2Games)
  2.1. Notation and Definition of the Game
  2.2. Replication Dynamics and Evolutionary Stability
  2.3. Analysis
 3. Two Simplified Models under Two Asymmetric Parties ( 2´ 2 Games)
  3.1. Perpetrators and Government Model
  3.2. Perpetrators and Perpetrator Assistants Model
  3.3. Analysis and Example
  3.4. Discussion and Summary
 References

저자정보

  • Yi-rong Ying College of Economics, Shanghai University, Shanghai, China
  • Ying Ye College of Economics, Shanghai University, Shanghai, China

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