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Prisoner’s dilemma for EU bank groups

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  • Nedelchev, Miroslav

Abstract

What happenned after 2007 requires that new kind of instruments are 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 dilema".

Suggested Citation

  • Nedelchev, Miroslav, 2012. "Prisoner’s dilemma for EU bank groups," MPRA Paper 52247, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:52247
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    References listed on IDEAS

    as
    1. repec:idb:brikps:70238 is not listed on IDEAS
    2. Neeltje van Horen & Mr. Stijn Claessens, 2012. "Foreign Banks: Trends, Impact and Financial Stability," IMF Working Papers 2012/010, International Monetary Fund.
    3. Stijn Claessens & Neeltje Van Horen, 2014. "Foreign Banks: Trends and Impact," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 46(s1), pages 295-326, February.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    prisoner’s dilemma; bank groups; corporate governance;
    All these keywords.

    JEL classification:

    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance

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