COOPERATION AMONG EU BANKING SUPERVISORY AUTHORITIES: A GAME MODEL
Miroslav Nedelchev ()
Additional contact information
Miroslav Nedelchev: Economic Research Institute, Bulgarian Academy of Sciences
Economics and Management, 2018, vol. 14, issue 2, 11-19
The aim of the paper is carrying out of survey for cooperation among banking supervisors based on the model of cooperative games. The initial measures of supervisors are aimed at rescuing the banking assets in their territory and to reduce losses to local taxpayers. The new reality demands these measures also to take into account the effects on other countries, and the need for cooperation among banking supervisors through ex-ante engagements for sharing ex-post costs. The results of paper show that the original measures to reduce the effects of global crisis have triggered short-term stabilization of the banking system at predominance of national interests. Using game theory for cooperation among banking supervisors leads to optimization of outcome for all countries participating in the ex-ante engagements. From the concrete case for a Bulgarian bank, part of an EU banking group, we have concluded that cooperation among more than two supervisors is recommended depending on the structure of the banking group.
Keywords: banking supervision; game theory; cooperative games (search for similar items in EconPapers)
JEL-codes: C71 E58 L51 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed
Downloads: (external link)
http://em.swu.bg/images/SpisanieIkonomikaupload/Sp ... NG%20SUPERVISORY.pdf (application/pdf)
http://em.swu.bg/index.php?option=com_content&view ... d=29:2018&Itemid=116 (text/html)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:neo:journl:v:14:y:2018:i:2:p:11-19
Access Statistics for this article
More articles in Economics and Management from Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD Contact information at EDIRC.
Bibliographic data for series maintained by Vladislav Krustev ().