Statistical Analysis of Credit Risk in Commercial Banks and Nash Equilibrium Strategies

Author: Zou Xinyue
Publisher:
Publish Date: 2005-09-01
Features: During the research process on statistical analysis of credit risk and Nash equilibrium strategies in state-owned commercial banks, this book draws on the latest findings of foreign scholars on credit risk theory research on one hand, and comprehensively applies knowledge and principles from economics, management, statistics, and game theory on the other. It innovates in the study of credit risk management methods in commercial banks, being the first to explicitly propose the presence of behavioral finance phenomena such as "herding behavior," "non-Bayesian rules," and "overreaction" in the credit market. It also conducts theoretical research on their underlying mechanisms. By defining their manifestations in the credit market, this expands the application scope of behavioral finance theory and enriches its research outcomes. This provides important theoretical reference value for China's commercial banks to formulate decision-making measures to prevent credit risks under the future market economy system.