Title :
A Repeated Game Analysis on Bank-Enterprise Credit Contract
Author :
Jianbo, Liu ; Xianliang, Wang ; Rongrong, Ren ; Jingfei, Yang
Author_Institution :
Northeastern Univ. at Qinhuangdao, Qinhuangdao, China
Abstract :
Under certain condition, establishes the integrity decision-making model of credit loan contract & agreement between bank and enterprise, point out that this model is a repeated game model whose fundamental game is the one time dynamic game, in the one time game both sides make decision alternately, but the social benefit and individual interest cannot be maximized; For repeated game model, deduce the trust base line of financing enterprise and investors, thereby give a trigger strategy, and this strategy is a Nash equilibrium with perfect sub-game.
Keywords :
banking; credit transactions; decision making; game theory; Nash equilibrium; bank enterprise credit contract; credit loan contract; decision making model; financing enterprise; repeated game analysis; social benefit; Automation; Bonding; Contracts; Decision making; Educational institutions; Ethics; Game theory; Investments; Nash equilibrium; Safety; Credit and Loan; Decision Making Model; Nash Equilibrium; Repeated Game;
Conference_Titel :
Intelligent Computation Technology and Automation (ICICTA), 2010 International Conference on
Conference_Location :
Changsha
Print_ISBN :
978-1-4244-7279-6
Electronic_ISBN :
978-1-4244-7280-2
DOI :
10.1109/ICICTA.2010.661