Game Analysis Of Rural Financial Market Enter Of Private Banks

Our country is an agriculture Great Power,the develops of rural economics has a bearing upon national long period of stability,so it has suffer attention.As a vacation closely related to the develop of rural economics,finance is on the boost action of new countryside construst.Yet the actuality of our rural finance do not allow optimism,both rural financial institution system and agriculture financing status are slow in enidence,which opress our finance service level and constraint the develop of rural economics.so we must take effective measure,by speeding up rural banking reform and innovation,soundness our rural finance system,promote the instant development of rural finance. Allow the pluralization of rural financial institution and promote the benignity competition of rural financial institution almost become the ceux of the matter of solve the current rural finance.A virtual rural finance market is supposed to be a market where many institutions consist and compete in order.the root problem of the current rural finance is the omission of the market cometition body, Allow the pluralization of rural financial institution and promote the benignity competition of rural financial institution are already imperative under the situation,on the face of it ,the enter of the private banks is an affair sooner or later.From the angle of the Game Theory,the enter mechanism of private banks is a gaming course between private banks and exited rural institution.For the moment there is much research about the enter of banking market both here and abroad,but the research about the current chinese banking market enter by Game Theory is not too much,not to be say the enter of private banks.therefore,the research of rural finance market enter of private banks possesses a far-reaching oeration significance and a theory sense.The first specific character of this text is manage multile analysis means of Game Theory,such as Subgame perfect Nash equilibrium,Stackelberg game model,Signaling game model. The second secific character of this text is the adjoint of the dynamic gaming analyses both under the condition of perfect information and under the condition of imperfect information,analyses the payoff under the the condition of perfect information as well as under the condition of imperfect information,analyses the enter problem of private banks from two visual angles ,so the analytic result is entire as well as creditable.The first chapter expounds the background and the sense of the selected topic,reviews the correlational research of private banks.As a topical topic ,private banks is a favour in academia and economic circles.up to now,the research about private banks in our country outspread surrounding the following four aspects:the definition of the private banks,the necessity of developing private banks,the establish mode of private banks,the market location of private banks.then this text has a compendious review about the develop mechanism of private banks,since the reformation,our rural finance has been in a series of reforms.it experiences four stages basically.this text introduces the correlation policy about rural finance in these four stages .in favor of the discuss and analyses,this text defines the private banks :A commercial bank which comes into existence by set up,the shares occupied by private shareholders outrun 50%,possesses modern bank harness structure and risk precaution system,has a joint stock system.The second chapter analyses the actuality of the rural finance market,indicates that the coverage degree of rural finance institution is low,the reflux of rural finance is grievous,the scale of irregularity is enormous.from the actuality wo can see that the rural finance supply can not satisfy the current finance demand,the rural finance market await soundness.the enter of private banks can repare the insufficiency of the lower coverage degree of rural finance institution,exert the comparative advantage of prinate banks;form benign competed envinonment of rural finance market.so the enter of private banks has an active action,it is a Pareto improvement.Under the suppose condition of perfect information,the third chapter does a ulterior explanation ,by way of the definition of Subgame perfect Nash equilibrium and the solution procedure,analyses the Subgame perfect Nash equilibrium about the enter of private banks,solves out the payoff and by the payoff we can see that the correlated policy has a impact on the payoff.commonly private banks are on the position of slaving soprono,so this text has an analysis by Stackelberg game model,whicn has the same payoff.Under the hypotheses that the potential soprano do not know the the enter cost of the potential entrants, The fourth chapter use Subgame perfect Bayesian equilibrium theory and Signaling game theory,points out that the enter of private banks is a game process of signal transduction under the codition of imperfect information.First of all, through Harsanyi transformation ,express it into a complete but imperfect information dynamic game model, solve the corresponding results of the game by the signal transduction steps. Following the assumption that in order to promote the rapid development of rural financial markets and encourage new financial institutions into the rural financial markets, the government proceed vigorously support at rural institutions by the implementation of different statutory deposit reserve rate, financial subsidies and tax breaks and other policy-related support, thus change the game proceeds matrix, re-calculate the results of the corresponding game. According to the same game we can conclude that: the Government's policy support for private banks to enter the rural financial market plays a vital role.The fifth Chapter is the conclusion. this text solves out the proportion policy under the condition of perfect information and imperfect information, from the results we can see that in the game between private banks and potential soprano, the enter cost private banks need to enter the rural financial markets is the key variable, and the government has a variable influence, mainly in the minimum capital requirements and the necessary administrative costs ,other relevant policies to support and so on,.so in order to introduce private banks to improve China's rural financial market, our government should move to reduce the minimum capital requirements and to increase policy support for the direction...