基于博弈论的次贷危机成因分析

A Game-theory-based Cause Analysis of the Subprime Mortgage Crisis

美国次贷危机对全球金融市场造成了严重的影响,并且这种影响有进一步扩大的趋势。文章从博弈论的角度分析其产生原因,在此基础上建立博弈模型,并对模型进行了深刻分析,认为按揭利率、房产增值率和次级贷款者心理满意度是次贷危机产生的重要原因。

American the influence is likely subprime mortgage crisis has exerted a serious influence on the global financial market, and to be intensified in the future. Through a game-theory-based cause analysis of the subprime mortgage crisis, this paper establishes a model of game theory, by means of which it comes to the important conclusion that mortgage interest, appreciation rate of estate and degree of borrowers＇ psychological satisfaction result in the subprime mortgage crisis. This will provide beneficial reference to the solution of the crisis.