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...
Information asymmetry will lead to adverse selecting and moral risk which causes the invalidation of C2C e-commerce market finally. This article introduces e-commerce intermediaries into the gambling analysis, transform the prestige mechanism to influence factor of the parameter, to reveal the four mechanisms taken by e-commerce intermediaries in buyers and sellers gambling and explain how to alleviate...
In the research of revenue in the outsourcing process, the traditional model rarely takes the invisible benefits into account. This leads to an asymmetric information model in the revenue game between outsourcers and contractors. On this basis,with the study of outsourcers who are providing the same excitation conditions, we study the difference of effort in the contractors within the invisible and...
Based on the perspective of information asymmetry, this paper uses game theory to construct a model, focusing on phenomena of concealing and cheating which are common in E-commerce between buyers and sellers in the process of transaction. Under the premise of setting participants, utility function and external environment, we take each equilibrium solution from signaling game and game of complete...
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...
E-business is developing rapidly around the world with the modern electronic information technology. Compared with other countries, however, E-business in China is still on the underway stage. One of the main reasons lies in lack of a good legal system in regulating the information asymmetry, which impairs the credit heavily in the market. Therefore, it is very necessary to embark on the research...
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.