GAME THEORY AND THE AUDITOR'S PENALTY REGIME
用合作博弈模型分析审计师与被审计方在监管惩罚机制下的策略互动，探讨如何通过调整惩罚来促使双方付出高努力。
This paper models the audit as a cooperative game played by the auditor and auditee within a penalty regime imposed by a regulatory authority. The paper investigates the relationship between the penalties set by the regulator and the jointly agreed strategy of the auditor and auditee, and discusses how the penalty regime might be employed so as to induce a particular strategic outcome such as high effort levels on the part of the auditee and/or auditor.