首页> 美国政府科技报告 >Risk-Taking Incentives in a Regulatory Environment: A Markov Decision Process Model of Bank Portfolio Choice

【24h】

Risk-Taking Incentives in a Regulatory Environment: A Markov Decision Process Model of Bank Portfolio Choice

机译：监管环境中的风险承担激励：银行投资组合选择的马尔可夫决策过程模型

获取原文

页面导航

摘要
著录项
相似文献
相关主题

摘要

In recent years many banks and thrifts have suffered increased loan losses. The paper asks: does a bank's willingness to take risk change when its net worth falls. The author posits a simple dynamic model of bank behavior which suggests that the optimal response to a drop in net worth hinges on the regulatory intervention rule. In particular, increased risk taking at low values of net worth occurs only when the proability of intervention rule. In particular, increased risk taking at low values of net worth occurs only when the probability of intervention there is high. An implication is that the effect of a macroeconomic shock on the bank failure rate may be influenced by regulatory policy.

著录项

作者
Kendall, S. B.;
展开▼
作者单位

展开▼
年度 1988
页码 1-45
总页数 45
原文格式 PDF
正文语种 eng
中图分类工业技术;
关键词
Banks; Risks; Models; Incentives;

机译：银行;风险;模型;激励;

相似文献

外文文献
中文文献
专利

1. Incentive pay and bank risk-taking: Evidence from Austrian, German, and Swiss banks [J] . Efing Matthias, Hau Harald, Kampkoetter Patrick, Journal of International Economics . 2015,第julasuppla期

机译：奖励工资和银行冒险：来自奥地利，德国和瑞士银行的证据
2. Construction of Semi-Markov Decision Process Models of Continuous State Space Environments Using Growing Cell Structures and Multiagent k-Certainty Exploration Method [J] . Takeshi Tateyama, Seiichi Kawata, Yoshiki Shimomura Journal of Advanced Computatioanl Intelligence and Intelligent Informatics . 2009,第6a72期

机译：利用增长单元结构和多智能体k可靠性探索方法构建连续状态空间环境的半马尔可夫决策过程模型
3. Adaptive route choice model for public transit systems: an application of Markov decision processes [J] . Behzad Rouhieh, Ciprian Alecsandru Canadian Journal of Civil Engineering . 2012,第8期

机译：公共交通系统的自适应路径选择模型：马尔可夫决策过程的应用
4. On the Development of Voter Transition Models for Social Choice Markov Decision Processes [C] . Garcia David, Riedl Anton International Conference on Tools with Artificial Intelligence . 2013

机译：社会选择马尔可夫决策过程的选民过渡模型的发展
5. Modern Methods of Hidden Markov Models and Partially Observable Markov Decision Processes in Biostatistics [D] . Xu, Zekun. 2020

机译：隐藏马尔可夫模型的现代方法和止痛性的部分可观察马尔可夫决策过程
6. Behavioral correlates of the decision process in a dynamic environment: post-choice latencies reflect relative value and choice evaluation [O] . Justine Fam, Fred Westbrook, Ehsan Arabzadeh 2015

机译：动态环境中决策过程的行为关联：选择后延迟反映了相对价值和选择评估
7. An Approach to Modelling Decision Making in a Multi-Agent Environment Based on a Markov Chain of Changing Probabilities of Choices [O] . Oleksii Oletsky 2018

机译：基于Markov Chablience的Markov链在Markov链中建模决策决策方法
8. Decision Process Models of Contractor Behavior: The Development of Effective Contract Incentives. Multi-Project Decision Process Model [R] . Lewin, A. Y., Cohen, K. J., Morey, R. C., 1981

机译：承包商行为决策过程模型：有效契约激励的发展。多项目决策过程模型

Risk-Taking Incentives in a Regulatory Environment: A Markov Decision Process Model of Bank Portfolio Choice

摘要

著录项

相似文献

相关主题

期刊订阅