Proceedings of the 4th International Conference on Economic Management and Model Engineering, ICEMME 2022, November 18-20, 2022, Nanjing, China

Research Article

Evolutionary Game Theory and Stock Market Investment Behavior: Based on the Empirical Analysis and the Multiple Regression Analysis of Chinese Household Finance Survey

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  • @INPROCEEDINGS{10.4108/eai.18-11-2022.2326772,
        author={Xinger  Wang},
        title={Evolutionary Game Theory and Stock Market Investment Behavior: Based on the Empirical Analysis and the Multiple Regression Analysis of Chinese Household Finance Survey},
        proceedings={Proceedings of the 4th International Conference on Economic Management and Model Engineering, ICEMME 2022, November 18-20, 2022, Nanjing, China},
        publisher={EAI},
        proceedings_a={ICEMME},
        year={2023},
        month={2},
        keywords={evolutionary game theory; behaviors of investing in stock market; multiple linear regression model},
        doi={10.4108/eai.18-11-2022.2326772}
    }
    
  • Xinger Wang
    Year: 2023
    Evolutionary Game Theory and Stock Market Investment Behavior: Based on the Empirical Analysis and the Multiple Regression Analysis of Chinese Household Finance Survey
    ICEMME
    EAI
    DOI: 10.4108/eai.18-11-2022.2326772
Xinger Wang1,*
  • 1: Capital Normal University High School Beijing, China
*Contact email: cindywang2022@163.com

Abstract

Combined with evolutionary game theory, this paper analyzes the stock investment income of individual and household investors. In this paper, multiple linear regression model is utilized to analyze the data based on the Chinese Household Finance Survey (CHFS). The results demonstrate that education level and whether the subjects are working in a securities company are the most significant factors that affect individuals and household stock investment returns. Thus, whether individual and household stock investment can be profitable is mainly affected by the attitudes towards risks and whether the subjects to work in the securities company, and the return rate of individual and household stock investment is mainly affected by the education level.