ppt课件-applying game theoryto finance(ppt)（应用游戏theoryto金融(ppt)）.pptVIP

Game Theory - Mike Shor Applying Game Theory to Finance “I can calculate the motions of heavenly bodies, but not the madness of people” - Isaac Newton, upon losing ￡20,000 in the South Sea Bubble in 1720 Game Plan Hostile Takeovers Bubbles Hostile Takeovers “Robert Campeau is considered by many as the best example of a fool.” - Dale Oesterle, Cato Review of Business Government, 1996 “The biggest, looniest deal ever. - Fortune Magazine, July 1988, on Campeau’s acquisition of Federated Stores. Hostile Takeover Plan Robert Campeau vs. Macy’s for Federated Conditional vs. unconditional