The Performance of Three Major Institutional Investors’ in Future Trading Market- Two-Stage Game DEA Approach

碩士 === 東吳大學 === EMBA高階經營碩士在職專班 === 102 === This thesis employs the Leader-Follower model and Centralized model of Two-Stage DEA to evaluate three major institutional investors’ overall performance in Taiwan stock index futures market from 2011 to 2013. The input item is Taiwan Futures Exchange’s dai...

Full description

Bibliographic Details
Main Authors:	CHU, YU-SHENG, 褚煜昇
Other Authors:	Yung-ho Chiu
Format:	Others
Language:	zh-TW
Published:	2014
Online Access:	http://ndltd.ncl.edu.tw/handle/74659792968684825723

id	ndltd-TW-102SCU01457002
record_format	oai_dc
spelling	ndltd-TW-102SCU014570022016-05-22T04:34:31Z http://ndltd.ncl.edu.tw/handle/74659792968684825723 The Performance of Three Major Institutional Investors’ in Future Trading Market- Two-Stage Game DEA Approach 三大法人領導者賽局應用於指數期貨之研究 CHU, YU-SHENG 褚煜昇碩士東吳大學 EMBA高階經營碩士在職專班 102 This thesis employs the Leader-Follower model and Centralized model of Two-Stage DEA to evaluate three major institutional investors’ overall performance in Taiwan stock index futures market from 2011 to 2013. The input item is Taiwan Futures Exchange’s daily future trading information from TEJ. The empirical results show: 1.If market efficiency is the leader and trading efficiency be the followers in three major institutional investors’ strategy, there showed a different performance in two-stage DEA. 2.In comparison to the two-stage cooperative method, two-stage non-cooperative method is highly valued than cooperative method in trading market efficiency. 3.Three major institutional investors’ overall performance is much better in two-stage cooperative game method than in non-cooperative game method. Yung-ho Chiu Yu-chuan Chen 邱永和陳玉涓 2014 學位論文 ; thesis 198 zh-TW
collection	NDLTD
language	zh-TW
format	Others
sources	NDLTD
description	碩士 === 東吳大學 === EMBA高階經營碩士在職專班 === 102 === This thesis employs the Leader-Follower model and Centralized model of Two-Stage DEA to evaluate three major institutional investors’ overall performance in Taiwan stock index futures market from 2011 to 2013. The input item is Taiwan Futures Exchange’s daily future trading information from TEJ. The empirical results show: 1.If market efficiency is the leader and trading efficiency be the followers in three major institutional investors’ strategy, there showed a different performance in two-stage DEA. 2.In comparison to the two-stage cooperative method, two-stage non-cooperative method is highly valued than cooperative method in trading market efficiency. 3.Three major institutional investors’ overall performance is much better in two-stage cooperative game method than in non-cooperative game method.
author2	Yung-ho Chiu
author_facet	Yung-ho Chiu CHU, YU-SHENG 褚煜昇
author	CHU, YU-SHENG 褚煜昇
spellingShingle	CHU, YU-SHENG 褚煜昇 The Performance of Three Major Institutional Investors’ in Future Trading Market- Two-Stage Game DEA Approach
author_sort	CHU, YU-SHENG
title	The Performance of Three Major Institutional Investors’ in Future Trading Market- Two-Stage Game DEA Approach
title_short	The Performance of Three Major Institutional Investors’ in Future Trading Market- Two-Stage Game DEA Approach
title_full	The Performance of Three Major Institutional Investors’ in Future Trading Market- Two-Stage Game DEA Approach
title_fullStr	The Performance of Three Major Institutional Investors’ in Future Trading Market- Two-Stage Game DEA Approach
title_full_unstemmed	The Performance of Three Major Institutional Investors’ in Future Trading Market- Two-Stage Game DEA Approach
title_sort	performance of three major institutional investors’ in future trading market- two-stage game dea approach
publishDate	2014
url	http://ndltd.ncl.edu.tw/handle/74659792968684825723
work_keys_str_mv	AT chuyusheng theperformanceofthreemajorinstitutionalinvestorsinfuturetradingmarkettwostagegamedeaapproach AT chǔyùshēng theperformanceofthreemajorinstitutionalinvestorsinfuturetradingmarkettwostagegamedeaapproach AT chuyusheng sāndàfǎrénlǐngdǎozhěsàijúyīngyòngyúzhǐshùqīhuòzhīyánjiū AT chǔyùshēng sāndàfǎrénlǐngdǎozhěsàijúyīngyòngyúzhǐshùqīhuòzhīyánjiū AT chuyusheng performanceofthreemajorinstitutionalinvestorsinfuturetradingmarkettwostagegamedeaapproach AT chǔyùshēng performanceofthreemajorinstitutionalinvestorsinfuturetradingmarkettwostagegamedeaapproach
_version_	1718275985783128064

The Performance of Three Major Institutional Investors’ in Future Trading Market- Two-Stage Game DEA Approach

Similar Items