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Please use this identifier to cite or link to this item: http://hdl.handle.net/123456789/6708

Title: Application of game theory in financial management (a case study of Oak Financial Services)
Authors: Asiedu, Evans
Issue Date: 19-Nov-2014
Abstract: A computational study of Game Theory applied to investment decisions in optimal portfolio selection Problem is considered. Emphasis will be placed on investment decision problem, which is modeled as Game Theory Problem. Data from Oak financial Service for 2012 is examined. The decision – maker has to select at least one option from all possible options in which he can invest. The problem here is to decide what action or a combination of actions to take among the various possible options with the given rates of return. The solution to game theory application in financial investment planning is effective in giving optimal solution as compared with personal discretion means of investment by an investor. From the concept of investment using game theory, the solution to this problem consists of many feasible options investment opportunities where an investor can invest where the limit of the investment amount is not violated. According to the developed model, the value of the game from the various investment options was 5.3 percent growth rate in mutual fund and bonds. The solution shown gave remarkably better results than the independent model normally used by the institution. We therefore recommend that our model should be adopted by the institution for its investment planning.
Description: A thesis submitted to the Institute of Distance Learning, Kwame Nkrumah University of Science and Technology in partial fufilment of the requirement for an award of Master of Science (Industrial Mathematics), 2013
URI: http://hdl.handle.net/123456789/6708
Appears in Collections:College of Science

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EVANS ASIEDU 1.pdf364.89 kBAdobe PDFView/Open
EVANS ASIEDU 2.pdf722.72 kBAdobe PDFView/Open

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