Title: Dynamic Game Between Financial Innovation and Financial Regulation——Enlightenments to China's Financial Regulation
Abstract: Financial innovation affects financial regulation determinatively as a law of development.Although financial regulation has an impact on financial innovation at a specific time,it would finally meet the need of the latter.This paper demonstrates the dynamic game relation between financial innovation and financial regulation by using the analytic approach based on the theory of game.With the example of game between financial innovation and financial regulation in USA,the paper discusses how China's financial authorities change regulatory notion and use modern information technology and improve regulatory system to lceep up with the new situation and reduce risks.
Publication Year: 2006
Publication Date: 2006-01-01
Language: en
Type: article
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Cited By Count: 1
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