系统管理学报2013，Vol.22Issue(2)：232-238,7.
操纵者与内幕交易者合谋条件下有打压过程的市场操纵行为研究
A Study on Market Manipulation Based on Collusion Between Manipulator and Insider and Suppression
摘要
Abstract
In view of the fact that inside transactions and market manipulations occur simultaneously, a multi-stage manipulation model based on collusion between manipulators and inside traders and suppression is established by using information asymmetry theory and investors' behavioral deviation theory. The optimal expected equilibrium prices of every stage and the maximum expected manipulation benefits are obtained by solving model. The effects of main factors on the maximum expected manipulation benefits are further discussed, and confirmed by numerical simulations. The policies provided can effectively restrain market manipulations and inside transactions.关键词
市场操纵/内幕交易/打压过程/融资融券Key words
market manipulation/ insider trading/ suppression/ financing and securities loan分类
管理科学引用本文复制引用
扈文秀,刘小龙..操纵者与内幕交易者合谋条件下有打压过程的市场操纵行为研究[J].系统管理学报,2013,22(2):232-238,7.基金项目
国家自然科学基金资助项目(70973096) （70973096）
教育部博士点基金资助项目(20096118110010) （20096118110010）
陕西省高校重点学科专项资金资助项目(107-00X902) （107-00X902）
