Micro-credit Companies’ Operating Mechanism Based on Evolutionary Game Theory

doi:10.12068/j.issn.1005-3026.2017.05.030

Abstract

Abstract:

By establishing the evolutionary game model for micro-credit companies and small and micro businesses， the operating mechanism of micro-credit companies was analyzed. It was found that in the patterns of lending， micro-credit companies should manage guaranteed loans; in the guarantee mechanism， micro-credit companies should adopt shortfall guarantee; in the risk classification and identification， the judgment criterion should be the relationship among average success rate， interest rate， and guarantee rate of small and micro businesses’ investment projects; in the loan index， the high-quality small and micro businesses should be entitled to the interval management of guaranteed rates and reduced interest rates， while for the ordinary small and micro businesses the border management of guarantee and interest rates should be adopted， and the actual value should be up close to the boundary value; in the external policy， the third-party guarantee rates should be reduced through policy making.

Key words: micro-credit company, small and micro business, evolutionary game, ESS, operating mechanism

CLC Number:

F830.5

CHE Tai-gen○， ZHUANG Xin-tian， SU Yan-li. Micro-credit Companies’ Operating Mechanism Based on Evolutionary Game Theory[J]. Journal of Northeastern University:Natural Science, 2017, 38(5): 756-760.

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