Credit risk and policy of digital content production online trading
Basic on Satoris-Hill Credit Policy Decision Model (SHPDM), this article analyzes the advantage and ability of bad debt risk resistance as well as comparison of digital content manufacturer with traditional one by virtue of profit under scenarios of the former adopting relative credit policy. We find that digital content manufacturer has stronger ability of risk resistance of bad debts than traditional product manufacturer in terms of credit sale. Furthermore, we prove that once reaching a degreed growth of sale, credit sales for the costs of bad debts and extended credit can be remedied for digital content manufacturers.
Digital content Online trading Credit risk Credit policy
Chengxiong Zhou Lanxiang Zhao Zhuojun Liu
Institute of Policy and Management Chinese Academy of Sciences Beijing 100190, China Academy of Mathematics and Systems Science Chinese Academy of Sciences Beijing 100190, China
国际会议
北京
英文
579-582
2009-07-24（万方平台首次上网日期，不代表论文的发表时间）