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Inefficient Equilibrium Traps and Mitigation Strategies in University-Industry Collaborative Talent Development: A Perspective of Incomplete Information Games

Author

Listed:
  • Yan Li

    (Bortala Vocational and Technical College
    Wuhan Institute of Shipbuilding Technology)

  • Jian Cui

    (Bortala Vocational and Technical College)

  • Shiyu Wang

    (Bortala Vocational and Technical College)

  • Pengxia Yin

    (Bortala Vocational and Technical College)

  • Na Yu

    (Wuhan Institute of Shipbuilding Technology)

Abstract

Despite longstanding policy advocacy for school-enterprise collaboration as a cornerstone of vocational education, a persistent “low-level equilibrium” trap hinders effective talent cultivation in underdeveloped regions such as Xinjiang. This interaction results in a supply-demand mismatch, evidenced by local data showing that fewer than 20% of participating firms articulate clear competency standards with hiring promises, and employer satisfaction with graduates stands at only 87% despite a high major-related employment rate. The study conceptualizes this impasse as an outcome of incomplete information dynamic games, where both parties rationally choose suboptimal strategies based on asymmetric information and unverifiable commitments. By constructing a game-theoretic model, the paper aims to systematically analyze the formation conditions and evolutionary path of this inefficient equilibrium.

Suggested Citation

  • Yan Li & Jian Cui & Shiyu Wang & Pengxia Yin & Na Yu, 2026. "Inefficient Equilibrium Traps and Mitigation Strategies in University-Industry Collaborative Talent Development: A Perspective of Incomplete Information Games," Advances in Economics, Business and Management Research,, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6239-672-2_58
    DOI: 10.2991/978-94-6239-672-2_58
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