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.

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".

• Item Type: MPRA Paper
• Language: English
• Keywords: prisoner’s dilemma, bank groups, corporate governance
• Subjects: C - Mathematical and Quantitative Methods > C7 - Game Theory and Bargaining Theory > C71 - Cooperative Games; G - Financial Economics > G1 - General Financial Markets; G - Financial Economics > G2 - Financial Institutions and Services; G - Financial Economics > G2 - Financial Institutions and Services > G21 - Banks ; Depository Institutions ; Micro Finance Institutions ; Mortgages; G - Financial Economics > G3 - Corporate Finance and Governance > G34 - Mergers ; Acquisitions ; Restructuring ; Corporate Governance

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