The Analysis Of Enterprise Credit Loss Based On The Perspective Of Repeated Games Theory And The Economics

With the development of market-oriented economy, the trading relationship become complexed.The trust of market subjects also become more and more important, scholars think that in a certain extent, the modern market-oriented economy is The credit economy, credit has become the cornerstone of market-oriented economy. Enterprise, individual, government form the subject of credit, the market-oriented economy is the main body behavior in the social credit within the scope repeated above. Because the status of each credit subjects are different in market-oriented economy, they have different patterns of behavior, but from game theory perspective,; their behavior occurrence mechanism is the same, so this article only do research from the Angle of enterprises.It has become more and more obviously that the benign operation of Credit markets can promote the entire function of social and economic development,however, the modern market-oriented economy is a open marketing, the diversity and dispersive of market subjects, the influence of driving profit,has lead to a lot of discreditable phenomenon. From our country's present actual situation, discreditable phenomenon is relatively serious, each credit transaction subjects deficiency the credit consciousness, credit notion is distortional, the development of credit markets is relatively backward, discreditable phenomenon frequently occurs, fake commodities are flooded in the marketing, the contract fraud appear frequently, the whole level of society credit dropped significantly, eventually will go against to society and economy development.Game theory considers that the information of structure and benefit decided the option of the act selection and the final game equilibrium. But in real life, because the difference between position and knowledge structure of each transaction subjects and refinement in social division of labors, the occupation of the information are different, in addition, the information technology capacity is lower, information transparency is poorer, information structural is asymmetry, which constrains the credit cooperation. Another decision factor of the actor's action selection is interests function, in our country, because the law and market mechanism is imperfect, and the lack of effective incentive mechanism of rewards and punishments constraint the dishonest behavior which lead to discreditable cost often less than dishonest gains, greatly weakened the reliability of threat, causing discreditable behavior frequently occur. We know that in a single game, because of each transaction subjects limited reason, he would prefer to make use of their own advantages to maximize their self-interest, the lack of long-term expectations, which cause discreditable behavior. But in repeated game, we can improve the transparency of information, weaken the information asymmetry strengthen incentive and punishment mechanism to change the information and benefit structure of principal transactions subjects. strengthen the threats and promises, effectively constraint the principal transactions opportunism behaviors, inhibiting discreditable behavior occurs. This paper attempts to making use of the tools of game theory from the perspective of economics to discuss the reasons of the discreditable phenomenon, on the basis of which finding out specific countermeasures to contributing to constructing the overall credit...