Munich Personal RePEc Archive

Prisoner’s dilemma for EU bank groups

Nedelchev, Miroslav (2012): Prisoner’s dilemma for EU bank groups. Published in: International & Interdisciplinary scientific conference “Vanguard scientific instruments in management ‘2012” (2012): pp. 427-432.

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Abstract

What happenned after 2007 requires that new kind of instruments applied in order to face the global financial crisis. Non-coordinated actions undertaken by a single bank group have additionally sharpened the effects of the crisis and have resulted in the must of joint efforts which are better known as the "prisoner's dilemma".

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