The paper analyze Bayes formula s application range and its certification,it also researches the formula s application especially in incomplete information game.

12 Wenchuan earthquakes,the paper further considers the quality variable and technology variable based on the exist- ing fist price sealed bid tender model,then uses the incomplete information game theory to analyze the winning-bid- with-low-priced in Chinese engineering tender market.

The Industry-university-research Institute Formation Mechanism Based on Games of Incomplete Information

This article analyzes this problem with the coalition-proof analysis in tripartite complete information static games,and the conclusion is that the benefit of the supervision company shall be more tightly combined with the project quality,and the government.

Under the condition of linear demand function,we studied the determination of output and price of products by using the method of complete information static game while second-degree price discrimination is enforced in case of three kinds of markets:one monopoly enterprise,two oligarchic enterprises,three oligarchic enterprises.

Contraposing multi-stage venture investment projects with asymmetric information and uncertain return, considering venture capitalists investment strategies, and using incomplete information static game theory and dynamic programming method, this paper develops a compound model on exit decision to maximize utility of venture capitalists investing in debt and equity.