Statistical Analysis and Equilibrium Strategy of Credit Risk in Commercial Banks

Author: Zou Xinyue
Publisher:
Publish Date: 2005-09-01
Features: During the research process on credit risk statistics and Nash equilibrium strategies in state-owned commercial banks, this book not only draws on the latest findings of foreign scholars on credit risk theory but also comprehensively applies knowledge and principles from economics, management, statistics, and game theory. It introduces innovations in the research on credit risk management methods in commercial banks. For the first time, it explicitly proposes the presence of behavioral finance phenomena such as "herding behavior," "non-Bayesian rules," and "overreaction" in the credit market of commercial banks, and conducts theoretical research on their underlying mechanisms. It defines their manifestations in the credit market, thereby expanding the application scope of behavioral finance theory and enriching the research outcomes in this field. This provides important theoretical references for Chinese commercial banks to develop decision-making measures to prevent credit risks under a future market economy system.