Static Game Models and Applications Based on Market Supervision and Compliance Management of P2P Platform
Joint Authors
Cao, Jun
Pang, Sulin
Yang, Junkun
Li, Rongzhou
Source
Mathematical Problems in Engineering
Issue
Vol. 2020, Issue 2020 (31 Dec. 2020), pp.1-17, 17 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2020-10-26
Country of Publication
Egypt
No. of Pages
17
Main Subjects
Abstract EN
This article focuses on the two-party static game between market supervisory organization and peer-to-peer (P2P) lending platform.
Considering 4 game modes with both “strong supervision” and “weak supervision” of market supervisory organization and “compliance management” and “noncompliance management” of P2P lending platform, the paper establishes a static game model between P2P lending platform and market supervisory organization and solves the market equilibrium solutions.
Based on income, cost, disguised cost, and fine of P2P lending platform and income, cost, and reward of market supervisory organization, it discusses conditional strategies that P2P lending platform selects “compliance management” or “noncompliance management” and that market supervisory organization selects “strong supervision” or “weak supervision,” respectively.
Furthermore, the relevant influencing factors are analyzed which come from 18 P2P lending platforms in Guangdong Province of China, and the conclusions were in good agreement with the actual market.
The research has scientific guiding significance.
American Psychological Association (APA)
Pang, Sulin& Yang, Junkun& Li, Rongzhou& Cao, Jun. 2020. Static Game Models and Applications Based on Market Supervision and Compliance Management of P2P Platform. Mathematical Problems in Engineering،Vol. 2020, no. 2020, pp.1-17.
https://search.emarefa.net/detail/BIM-1201787
Modern Language Association (MLA)
Pang, Sulin…[et al.]. Static Game Models and Applications Based on Market Supervision and Compliance Management of P2P Platform. Mathematical Problems in Engineering No. 2020 (2020), pp.1-17.
https://search.emarefa.net/detail/BIM-1201787
American Medical Association (AMA)
Pang, Sulin& Yang, Junkun& Li, Rongzhou& Cao, Jun. Static Game Models and Applications Based on Market Supervision and Compliance Management of P2P Platform. Mathematical Problems in Engineering. 2020. Vol. 2020, no. 2020, pp.1-17.
https://search.emarefa.net/detail/BIM-1201787
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1201787