Analysis for Irregularities of Listing Companies Based on Evolutionary Game Theory
This text analysis for the selection of strategies among listing companies by the evolutionary game theory, decide the stability of the balance of evolutionary game according to the difference of various parameter value, and then analyze the reason for selection of incompliance or compliance by listing companies. Following that, the text will make analysis for the selection of strategies among listing companies and supervisory authorities by the evolutionary game theory, decide the stability of the game according to the parameter value difference between the supervisory party and the supervised party, and then analyze the situation of strategy selection by listing companies and supervisory party based on the analysis of stability of the game. At last, the text will give policy suggestions for how to prevent the irregularities of listing companies from the angle of decision-making mechanism based on the conclusions of the analysis of evolutionary game theory.