Title :
Bayes´ Rule and Bank Credit Game Risk Analysis
Author :
Yang Yanbing ; Liu Bin
Author_Institution :
Dalian Maritime Univ., Dalian, China
Abstract :
The relationship between the small and medium-sized enterprise and bank in China, is different from that of complete market economy. Banks often cannot determine enterprise´s real situation and make the right decision because of serious information asymmetry phenomenon in financing process. In the process of using the related theory of game theory to research credit financing problems between bank and enterprise, this paper tries to use Bayes´ rule to help bank correctly judges the type of enterprise to avoid making mistakes loan determine.
Keywords :
Bayes methods; banking; econophysics; game theory; risk analysis; Bayes rule; China; bank credit game risk analysis; credit financing problems; enterprise real situation; game theory; information asymmetry phenomenon; loan; market economy; medium-sized enterprise; small-sized enterprise; Bayes methods; Economic indicators; Game theory; Games; Probability distribution; Risk analysis; Bayes´ Rule;Bank Credit Game; Financing; Risk Analysis;
Conference_Titel :
Measuring Technology and Mechatronics Automation (ICMTMA), 2013 Fifth International Conference on
Conference_Location :
Hong Kong
Print_ISBN :
978-1-4673-5652-7
DOI :
10.1109/ICMTMA.2013.328
