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Games Analysis of Prevent "Insiders Control" Effectively

Enterprise is a repeated sub game equilibrium set consists of stake-holders (physical capital owners and human capital owners) by negotiation and struggle with their effective contribution powers. This paper tries to find the core of the equilibrium set. United property rights institution can make e...

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Bibliographic Details
Main Authors: Zhiyong Gong, Dingan Li, Qi Fan
Format: Conference Proceeding
Language:English
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Summary:Enterprise is a repeated sub game equilibrium set consists of stake-holders (physical capital owners and human capital owners) by negotiation and struggle with their effective contribution powers. This paper tries to find the core of the equilibrium set. United property rights institution can make enterprise become economic benefit union contain physical capital stock and human capital stock by their effective contribution powers, thus can prevent the problem of "Insiders control".
ISSN:2161-8151
2161-816X
DOI:10.1109/ICAL.2007.4338730