摘要
本文通过探讨市场经济与契约和交易与契约两方面关系,认为货币是一种默认契约,并运用信用博弈树、KWRM声誉模型等分析了政府维持信用货币契约条件,最后探讨了与全球经济一体化相适应的未来货币形式。
Currency is critical to economy growth,so the research on currency is important.In this paper,based on the evolution of currency,we find that the currency reflects kind of contractual relationship.By the discussion of relationships between"market economycontract"and"transactioneconomy",we conclude that currency reflects a kind of default contract.Using game tree,we analyze the commodity currency contract,and point out that during the transaction,both sides cannot avoid prisoners'dilemma;based on KWRM Reputation Model,we analyze the conditions of the government on keeping credit currency contract;based on the analysis above,we prove the reasonableness of currency contract by using game theory.According to economic development rules,we suggest the future currency form which is suitable for global economic integration.
出处
《金融发展研究》
2012年第4期15-18,共4页
Journal Of Financial Development Research
关键词
货币
交易成本
契约
currency
transaction cost
contract