A Research On Supply Chain Finance Based On Game Theory

Supply chain finance(SCF)is the objective demand of micro-enterprise supply chain management and macro-industry development under the new normal economy.It not only provides new financial services for industrial development,but also reshapes and optimizes the industrial structure.In view of the complex chain structure of the supply chain,supply chain finance involves a number of legally and economically independent subjects.Through the coordination of mutual activities,they participate in the whole process of supply chain finance operation,to improve the efficiency of the funds flow in supply chain.From the perspective of the interaction between the subjects in supply chain finance,the key to the paper is the construction of the strategy game model of each subject in the process of supply chain finance.Firstly,this paper mainly summarizes the research status of supply chain finance,analyzes the application of the method of game theory in research;Secondly,introduces the theoretical basis of supply chain finance,explains the operating mechanism of supply chain finance,the competition and cooperation between the subjects;Thirdly,the mature financing warehouse mode is selected,in order to give the normalized representation of the game between the subjects in the model,and analyze the strategy system based on game theory;Then,using the analysis method of Stackelberg game under the process framework of the subjects participating in the mode,the subject strategy game model under different credit modes is established,and accesses to the optimal decision of each subject;Finally,combining with the specific background of the pharmaceutical industry,this paper conducts numerical analysis.This study shows that because of the optimization function of supply chain finance on the subjects,we can quantitatively express the interaction between the subjects,and realize the optimal strategy profile of each subject under the combined effect of the exogenous factors in the supply chain environment.