Title :
Dynamic game theory model analysis of SMEs credit market
Author :
Sun, Li ; Li, Mingwei ; Sheng, Baolian
Author_Institution :
Applied Economics. B-School of ECUST Shanghai, China
Abstract :
The existence of information asymmetry in the real credit market is the key to SMEs financing difficulties. This has already become a common view of many scholars. Meanwhile, Gresham´s law appears due to the lack of a credit rating system specially designed for SMEs as well as management after loan in commercial banks. This article exposes the substantial causes of SMEs predicaments in financing from commercial banks from the point of game theory. In addition, there are solutions discussed
Keywords :
Analytical models; Economics; Finance; Game theory; Games; Nickel; Gresham´s law; SMEs; credit; dynamic game model; information asymmetry;
Conference_Titel :
E -Business and E -Government (ICEE), 2011 International Conference on
Conference_Location :
Shanghai, China
Print_ISBN :
978-1-4244-8691-5
DOI :
10.1109/ICEBEG.2011.5881311
