A Dynamic Game Model for the Formation of the Farmers Reputation in the Rural Credit Market
The farmers reputation can present their intrinsic character, which has the role in signaling and screening information for the decision-makings from both borrowing and lending in the rural credit market.As a village can be considered as a unit of rural social networks, the formation of the farmers reputation is a Bayesian adjustment.Hence, dynamic game model is used and showed that the farmers behavior is the most fundamental factor for formation of the farmers* reputation, which is dynamic.Moreover, the current reputation is an overall people perception, which is based on the results of previous farmers behavior, and current behavior will affect the next farmers perception for the farmers, which can form the new reputation level.
credit market farmers reputation dynamic game model
HUANG Xiao-hong
Economic and Management School Zhengzhou University of Light industry,Zhengzhou,China
国际会议
南京
英文
787-789
2011-09-15(万方平台首次上网日期,不代表论文的发表时间)