Research on Credit Guarantee System of SMEs Group Lending Based on Repeated Game

DOI

10.2991/etmhs-15.2015.18How to use a DOI?

Keywords

Group lending; SEM; Repeated game; Creadit Guarantee

Abstract

Research on community financing is still lack of security agencies to join and the repayment situation in practice is not ideal. In this paper, repeated game theory is used as a tool to analysis the rational choice path of bank and enterprises game based on the credit guarantees added, thus maximizing the prevention and resolution of the negative effect and impact of the single credit game. Believe that Security agencies intervention can solve the problem of information asymmetry in part, enhance the efficiency of corporate financing and repayment enthusiasm. By comparing the results of the financing group game before the introduction of security agencies, proving that credit guarantee can not only promote the integration of corporate credit guarantee financing body, but also improve the behavior of the parties repayment enthusiasm.

Copyright

© 2015, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Yonming Pan
AU  - Maodong Zhu
PY  - 2015/03
DA  - 2015/03
TI  - Research on Credit Guarantee System of SMEs Group Lending Based on Repeated Game
BT  - Proceedings of the 2015 International Conference on Education Technology, Management and Humanities Science
PB  - Atlantis Press
SP  - 75
EP  - 78
SN  - 2352-5398
UR  - https://doi.org/10.2991/etmhs-15.2015.18
DO  - 10.2991/etmhs-15.2015.18
ID  - Pan2015/03
ER  -