The Economic Analysis And Historic Enlightenments From The Credit Of Shanxi Merchants

The commercial standing and financial standing of the Shanxi merchants during the Ming and Qing Dynasty had been famous in commercial circles and whole country. On the basis of primary analysis in economic theory of the reasons of Shanxi merchants taking credit widely in business ,the thesis using game theory which is a new method does some careful research .Then it spreads out further to analyze the mechanism from idea and moral , the administrative measures and property right restrain .Because of the excessive loan, especially the credit prombles of Qing government' s ,Shanxi merchants declined rapidly .Modem enterprises are a link in historic chains and their credit and development have the same causes and effects as Shanxi merchants .The research into the success and failure of Shanxi merchants has great practical significance and it can provide some beneficial enlightenments for the development of enterprises today.