风险的数量化与市场进入的博弈分析

• 作 者: 李华敏 石柯
• 机 构: 陕西师范大学国际商学院,陕西师范大学国际商学院,
• 出 处: 企业家天地
• 发表日期: 2007年01期
• 关键词: 风险数量化 市场进入 风险损失 风险度 投资损失 评估目的 博弈 策略组合 贝叶斯 纳什

风险投资是风险与收益共存的投资,对风险投资的风险评估目的在于最大限度地减少投资损失,增加风险投资的成功率,实现收益。本文首先介绍了风险损失与风险度的测算方法,以获得对风险更加精确的,数量化的认识,为投资者的决策提供可靠的参考数据,然后在此基础上对已投资者与潜在进入者的进入问题展开博弈分析,以得出已投资者与潜在进入者的贝叶斯—纳什均衡的策略组合。

Venture capital investment is a coexistence of risk and return. The purpose of risk assessment of venture capital is to minimize the investment loss, increase the success rate of venture capital, and realize the return. This paper first introduces the method of risk loss and risk measurement in order to obtain a more accurate and quantitative risk awareness for investors to provide reliable reference data for decision-making, and then on the basis of investors and potential entrants To start the game analysis of the entry problem to get the Bayesian-Nash equilibrium portfolio of investors and potential entrants.