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DOAJ Open Access 2018

Using Trust Game for Cross-Strait Security Risk Analysis

Cheng-Kuang Wu Chongfu Huang
Lihat Sumber DOI

Abstrak

The interactions of the Mainland China offering benefits, the Taiwan benefits return, and the benefits of China-Taiwan bilateral trust between the China and Taiwan are modeled as a trust game. The trust strategy is best response for China and Taiwan if the benefit of China-Taiwan bilateral trust is increased based on Nash equilibrium analysis. This study simulated a mixed strategy Nash equilibrium. Experimental results show that the China’s expected payoffs of N.E. fix and Taiwan’s expected payoffs of N.E. are increased if the payoffs of China-Taiwan bi-lateral trust are increased. The Chinese mainland released new measures on exchanges and cooperation with Taiwan. Taiwan accepts these measures results in favor of Taiwan’s expected payoffs and decreases the level of risk.

Topik & Kata Kunci

Engineering (General). Civil engineering (General) Risk in industry. Risk management

Penulis (2)

C

Cheng-Kuang Wu

C

Chongfu Huang

Format Sitasi

APA MLA BibTeX
Wu, C., Huang, C. (2018). Using Trust Game for Cross-Strait Security Risk Analysis. https://doi.org/10.2991/jrarc.2018.8.2.3

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Informasi Jurnal
Tahun Terbit
2018
Sumber Database
DOAJ
DOI
10.2991/jrarc.2018.8.2.3
Akses
Open Access ✓