|
News of the Kabardin-Balkar scientific center of RAS, 2017, Issue 6-2, Pages 73–78
(Mi izkab224)
|
|
|
|
COMPUTER SCIENCE. CALCULATION EQUIPMENT. MANAGEMENT
A model for investor-expert interaction in the innovation
investment system with knowledge asymmetry
A. O. Gurtuev, E. G. Derkach, Z. Z. Ivanov Institute of Computer Science and Problems of Regional Management –
branch of Federal public budgetary scientific establishment "Federal scientific center
"Kabardin-Balkar Scientific Center of the Russian Academy of Sciences",
360000, KBR, Nalchik, 37-a, I. Armand St.
Abstract:
We propose a model of investor-expert interaction in the system of innovation investment. The model is a
recurring game with imperfect information, deferred revenues and Bayesian re-evaluation of players’ own type. Different equilibria for some qualitatively different configurations of initial values of budgets, risk attitude, and distribution of player types are found.
Keywords:
: innovation process, game theory, economic mechanisms, adverse selection, information
asymmetry, Bayesian equilibrium.
Received: 20.11.2017
Citation:
A. O. Gurtuev, E. G. Derkach, Z. Z. Ivanov, “A model for investor-expert interaction in the innovation
investment system with knowledge asymmetry”, News of the Kabardin-Balkar scientific center of RAS, 2017, no. 6-2, 73–78
Linking options:
https://www.mathnet.ru/eng/izkab224 https://www.mathnet.ru/eng/izkab/y2017/i62/p73
|
Statistics & downloads: |
Abstract page: | 41 | Full-text PDF : | 27 | References: | 9 |
|