中、美汇率之争的博弈分析

经济全球化时代,两国汇率的形成是两国间博弈的结果。中国是世界上最大的发展中国家,而美国是当今世界上最大的发达国家。从博弈论角度考察,两国在汇率问题上的重复博弈能够达到一个子博弈完美那什均衡。本文对人民币和美元汇率的波动运用了博弈理论分析了双方的得益和支付,并提出了中方在汇率问题上的政策建议。

Chess playing analysis of China and American exchange rate fighting

In the age of economic globalization, the exchange rate between China and United States lies on the result of the game. China is the biggest developing country but United States is the biggest developed country. Through the game theory, the repeated games between the two countries on the exchange rate can achieve a Nash equilibrium. The dissertation uses game theory to explain the fluctuation of exchange rate and analyze the profits of China and American. The dissertation also introduces a policy of RMB exchange rate.