企业违约行为的博弈论分析

Game theory analysis of corporate default behaviors

国内外学者对企业违约行为的研究大部分都是倾向于研究银企之间的违约行为,对企业之间基于合作而产生的违约行为的研究较少,研究企业之间为什么会从合作获利的状态转向违约的原因,分析其对社会福利的影响,提出防治企业违约将增加社会整体的福利。

The research into enterprise default behaviors which scholars in China and abroad performed focuses on the default behaviors between banks and enterprises and less research into default behaviors between enterprises based on cooperation has been conducted. This paper studies the reasons for the change from making profit by cooperation between enterprises to default, analyzes its influence on social welfare and points out that prevention of enterprise default will increase welfare of whole society.