博弈论视角下股票市场投机原理——以游戏驿站为例

Speculation Principle of Stock Market from the Perspective of Game Theory——Take GameStop as an Example

对于股票市场的投资方法,一般采用格雷厄姆定义,基于持有理由和持有时长将投资方法分为价值投资和投机。然而,此方法导致了“价值投机”的争议。本文以购买股票的动机作为价值投资和投机的分类标准,并从博弈论的视角,通过游戏驿站案例阐述股票市场的投机原理。

For the investment methods in the stock market, Graham’s definition is generally adopted, and the investment methods are divided into value investment and speculation based on the reason for holding and the length of holding. However, this method has led to the controversy of “Value Speculation”. This paper takes the motivation of buying stocks as the classification standard of value investment and speculation, and from the perspective of game theory, expounds the speculation principle of the stock market through the case of GameStop.