An Research On Rural Microfinance Supply And Demand Of China Based On Evolutionary Game Theory

Micro-finance is an important way to help the poor, and it’s also the innovation offinancial services. Micro-finance service object is mainly urban and rural low income class,through the provision of financial services to low income households and rural microenterprises, to improve the income of farmers and micro enterprises, promote thedevelopment of rural economy.Micro-finance is the innovation of traditional financial services means the results, as akind of financial poverty aid micro-finance mode, widely popular in less developedcountries and regions. From the current practice of our country, although to a certain extent,the micro credit increase the farmers’ income, promote rural economic development, butdue to various reasons, the rural micro-finance in China there are many obstacles in theprocess of its development, such as the source of funds is single, the micro-finance marketsupply is less than demand, micro credit transaction cost relatively high, the managementlevel of micro credit supply mechanism is not high, asymmetric information etc. In thispaper, we analysis of the causes of China’s micro credit supply and demand situation andthe imbalance between supply and demand from the micro credit supply and demandperspective, and believes that the transaction cost is the fundamental reason for theimbalance of supply and demand of micro-finance, and supply and demand analysis ofpath selection equilibrium strategy using the evolutionary game theory, which gives therealization of the equilibrium of supply and demand advice.This paper consists of five parts, the first part is the introduction, introduces the topicbackground, significance, literature review at home and abroad, as well as the mainresearch of this paper to explore the content, unique innovation and research ideas andmethods; the second part is the summarization of the theoretical basis of this paper,introduces the evolutionary game theory, transaction cost theory, public products theoryand behavioral economics theory; the third part respectively from two aspects, the presentdevelopment of the rural micro-finance do explain, and analyzes the main reasons of the imbalance between supply and demand of rural micro credit; the fourth part usesevolutionary game theory to micro credit in rural areas of both sides of supply and demandanalysis, analysis of the transaction cost caused by the imbalance between supply anddemand of Rural Micro Credit fifth part of the paper; the development of China’s ruralmicro credit policy suggestions.