Decision-Making Analysis Using Game Theory For Credit Risk Control

The theoretical and practical probes into the theory of credit risk control are still in the elementary stage in our country. From the angle of systematicness there are still many problems in credit risk control theory needed to be solved, such as the reasons for its formation, the interactions between these risks, and the conduction mechanism. Generally speaking, violation is the reason for credit risk, but what's the reason for violation? Does it root from subjective will or objective disappointment? What are the subjective game theory and its Nash Equilibrium in credit risk control? What should be put into consideration when designing effective interlinkage and mechanism ? The analysis and discussion on these problems will lead the study of credit risk control theory from its macro-level to its micro and deep levels.From the risk system and control theory, the author points out that two impendent problems in credit risk control need to be solved. One is risk measuring problem, the other is precaution against credit risk problem. This paper will discuss both two problems above, and lay the emphasis on the later one. Based on others' works, this paper analyzes the defects in this complicated credit risk control and measuring, so as to find cutting-in points for the paper, these are formation mechanism of risks and interaction between risks. From these cutting-in points this paper also studies how to convert undetermined subjective credit risks to relatively determined ones. This study doesn't aim to reduce credit risk only by adapting to existent non-determinants, but to keep away and overcome credit risk while non-determinants exist. If it's believed that the studies of the asymmetric information theory and objective credit risk are passive, then it will be believed that...