African Journal of
Business Management

  • Abbreviation: Afr. J. Bus. Manage.
  • Language: English
  • ISSN: 1993-8233
  • DOI: 10.5897/AJBM
  • Start Year: 2007
  • Published Articles: 4191

Full Length Research Paper

Study of Sino-US economic game and joint development

Shi Guoliang1, Liang Ying2* and Li Yan Wei3
1School of Politics and Law, Capital Normal University, Xisanhuan North Road, Beijing, 10048, China. 2Department of Social Work and Social Policy, School of Social and Behavioral Sciences, Nanjing University. Jiangsu Province, 210093, China. 3Department of Public Administration, Faculty of Social Sciences, Erasmus University Rotterdam, Burgemeester Oudlaan 50, P. O. Box 1738 3000 DR, Rotterdam, The Netherlands.
Email: liangying_nju @163.com

  •  Accepted: 28 February 2012
  •  Published: 25 April 2012

Abstract

Nowadays, the economic relations between China and America have been one of the most important bilateral economic relations, which have a great impact on two countries’ economy as well as the whole world. If the economic games between China and America are favorable, it will be beneficial to both countries. Otherwise, it will harm both of them. Under such circumstance, the paper focuses on economic games between China and America through incomplete information game model. It analyzes different decisions and benefits under anti-competitions and co-competitions. Through the exploration of economic action between China and America under co-games and anti-games, this research gains two conclusions and introduces a theory. In conclusion, it comes up with co-games between China and America’s economy, and hopes to offer constructive suggestions to mutual development.

 

Key words: Sino-US economic game, competition and cooperation, joint development.