Trust game and strategy between the chinese family firm and professional manager

Firstly, this article analyzes the root of causing the crisis of confidence between the Chinese family firm and professional manager. Secondly, by means of game theory it builds the faith game model and analyzes the relationship between the both. Lastly, it brings forward the strategy of strengtheni...

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Bibliographic Details
Published in2011 2nd International Conference on Artificial Intelligence, Management Science and Electronic Commerce (AIMSEC) pp. 5298 - 5300
Main Author Suwen Ye
Format Conference Proceeding
LanguageEnglish
Published IEEE 01.08.2011
Subjects
Buildings
Business
Economics
Ethics
Family firm
Games
Law
Professional manager
Trust game
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Summary:Firstly, this article analyzes the root of causing the crisis of confidence between the Chinese family firm and professional manager. Secondly, by means of game theory it builds the faith game model and analyzes the relationship between the both. Lastly, it brings forward the strategy of strengthening cooperation and trust of the two parties.
ISBN:1457705354
9781457705359
DOI:10.1109/AIMSEC.2011.6010466