Game Analysis on the Risk of Overestimate Collateral in China
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| Title | Game Analysis on the Risk of Overestimate Collateral in China |
| Authors | |
| Abstract | The risk of overestimate for collateral value is divided into active and passive overestimate. Passive overestimate can be resolved by a serious of measures, such as improve assessment level, improve assessment methods and strengthen supervision. But active overestimate is due to the asymmetric information which makes the borrower can indirectly control assessment report, leading to the risk is undertook by the bank. Therefore, a dynamic game model with incomplete information was established to analyze the influential factors of game behavior and the existence condition of game equilibrium in the case of the two stakeholders influence each other. Finally, a series of relevant proposals were put forward so that to promote the healthy and sustainable development for credit market. |
| Publisher | World Science Publisher |
| Date | 2012-09-23 |
| Source | 2167-6348 |
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