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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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Main Authors: | , , |
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Format: | Conference Proceeding |
Language: | English |
Subjects: | |
Online Access: | Request full text |
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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". |
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ISSN: | 2161-8151 2161-816X |
DOI: | 10.1109/ICAL.2007.4338730 |