The Infona portal uses cookies, i.e. strings of text saved by a browser on the user's device. The portal can access those files and use them to remember the user's data, such as their chosen settings (screen view, interface language, etc.), or their login data. By using the Infona portal the user accepts automatic saving and using this information for portal operation purposes. More information on the subject can be found in the Privacy Policy and Terms of Service. By closing this window the user confirms that they have read the information on cookie usage, and they accept the privacy policy and the way cookies are used by the portal. You can change the cookie settings in your browser.
Because of increasingly serious pollution of the natural environment, the government regulation on enterprise sewage problems has become the important issue of Chinese economic development. Based on the information asymmetry between the government and enterprises, this paper constructs a game dynamic model of restrictions handling and uses evolutionary game theory to copy dynamic analysis of the game...
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...
Actuality of financial support and financing predicament of SME (small and medium-sized enterprises) in Jiangsu coastal area is investigated first under the background of Jiangsu coastal exploitation in this paper. Then the concept of bounded rationality is introduced to establish dynamic game model for financing of SME and analyze respectively replicator dynamics and stable point. Finally, policy...
Due to the information asymmetry, investors are confronted with the "moral risk" of entrepreneurs in the venture capital investment. By using game theory, this paper gives an in-depth analysis to the "moral risk" of entrepreneurs and draws some valuable research conclusions and suggestions, including: behavioral choice of entrepreneurs is a function of the system; the enterprises...
Set the date range to filter the displayed results. You can set a starting date, ending date or both. You can enter the dates manually or choose them from the calendar.