Game Theory Analysis on Accounts Receivable Financing of Supply Chain Financing System

Abstract

Difficult finance is a common problem for many small and medium-sized enterprises, however, finance services of supply chain provide a new way to solve the problem. Based on the game theory, this article studied the decisions about accounts receivable financing by the supplier, the manufacturer and the bank. The research show that accounts receivable financing may be the effective way to solve the difficult finance of small and medium-sized enterprises. Enterprises will choose long-term cooperation in order to get the persistent profit.