Advanced Search
MyIDEAS: Login to save this article or follow this journal

A Concerning View In The Liquidity Crisis Through The Game Theory

Contents:

Author Info

  • Diana Larisa Țâmpu

    ()
    (ASE Bucharest, DSCQM, Doctoral School in Business Administration, Bucharest –Romania)

  • Carmen Costea

    ()
    (ASE Bucharest, Romania)

Abstract

The aim of this paper is to provide a substantiating view on the crises started in 2007 and of which consequences transcended around the world recession. The paper is, essentially, based on a static game theory managing the limits of classic finance theory to provide satisfactory explanations of different financial events. Our intention was to analyze two cases of application of the game theory in the financial intermediation, with impact on the crisis. The proposed games correspond to deposits and loans. The end of the game managed to the idea that balance is reached only when the players (both deponent and borrower) will withdraw money from the bank together. This will have a major impact on the bank resources. The approach path manages to the idea that new considerations may come near the current crises through the game theory.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.rebe.rau.ro/RePEc/rau/jisomg/SP12/JISOM-SP12-A16.pdf
Download Restriction: no

Bibliographic Info

Article provided by Romanian-American University in its journal Journal of Information Systems and Operations Management.

Volume (Year): 6 (2012)
Issue (Month): 1 (May)
Pages: 175-184

as in new window
Handle: RePEc:rau:journl:v:6:y:2012:i:1:p:175-184

Contact details of provider:
Postal: Bd.Expozitiei 1B, Bucuresti, Sector 1, Etaj 5, 012101
Phone: +4-0372-120.140
Fax: +4-021-202.91.51
Email:
Web page: http://www.rau.ro/
More information through EDIRC

Related research

Keywords: game theory; financial intermediation; bank liquidity; economic crises; market efficiency;

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Franklin Allen & Stephen Morris, 1998. "Finance Applications of Game Theory," Center for Financial Institutions Working Papers 98-23, Wharton School Center for Financial Institutions, University of Pennsylvania.
  2. Stiglitz, Joseph E & Weiss, Andrew, 1981. "Credit Rationing in Markets with Imperfect Information," American Economic Review, American Economic Association, vol. 71(3), pages 393-410, June.
Full references (including those not matched with items on IDEAS)

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:rau:journl:v:6:y:2012:i:1:p:175-184. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Alex Tabusca).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.