Research on Real Estate Credit-a Gaming Analyze Frame

摘要：

　　Government, financial institutions, land agents and house purchasers are main real-estate market participants.The fluctuation of real-estate price, as a price of property and commodity, is the gaming process of real-estate participants.This essay tries hard to explore the relationship between real-estate participants behavior and bank credit aid through the gaming angle.The banks and borrowers always have different choose under information asymmetry government act.The borrowers have different strategies in different market environment.The banks sbould take borrowers strategies into fully consideration when they grant a loan in order to avoid relative period policies and prevent from ethic risks and adverse selection.

关键词： Real-estate Financial institution Bank loan Game

作者: Wang Xinliang

作者单位: School of Finance, Renmin University of China, Beijing, P.R.China 100872

会议类型: 国际会议

会议名称: The 5th Conference on Chinas Economic Operation Risk Management(2011`Shanghai)(第五届中国立信风险管理论坛)

会议地点: 上海

会议语种:英文

页码: 279-283

在线出版日期: 2011-11-04（万方平台首次上网日期，不代表论文的发表时间）