Using Game Theory in Investing

DOI

10.2991/hssnpp-19.2019.155How to use a DOI?

Keywords

industrial cluster, optimal investment strategy, payment matrix

Abstract

In this paper, we analyzed the developed methodology for the optimal distribution of public and private investment research in order to obtain the maximum economic effect in a particular block of the industrial cluster. By industrial cluster blocks, we define: block 1 - "R & D", block 2 - "Procurement and Financial Support", block 3 - "Production and Technological Activities", block 4 - "Staffing Support", block 5 - "Realization of Production equipment". In this article, we offered methodology for the distribution of investment in blocks of an industrial cluster using game theory. In order to determine the investment strategy, we built a payment matrix. In order to confirm the hypothesis to determine the best solutions, we used the classical and derived conformity criteria: Bayesa, Laplace, Sauvage, Gurviz, Hodge-Lehmann. As a result, we obtain the most optimal investment strategy, which shows the effective distribution of public and private investments in the industrial cluster blocks.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - G.M. Beregova
AU  - A.F. Schupletsov
AU  - A.O. Klipin
PY  - 2019/07
DA  - 2019/07
TI  - Using Game Theory in Investing
BT  - Proceedings of the Internation Conference on "Humanities and Social Sciences: Novations, Problems, Prospects" (HSSNPP 2019)
PB  - Atlantis Press
SP  - 807
EP  - 811
SN  - 2352-5398
UR  - https://doi.org/10.2991/hssnpp-19.2019.155
DO  - 10.2991/hssnpp-19.2019.155
ID  - Beregova2019/07
ER  -