The Game Analyses of the Effect of Bank Claim, Penalty and Compensation to High Educational Aid-Loan/ANALYSES DE JEU SUR LES EFFETS DE LA RECLAMATION, LA PENALITE ET LA COMPENSATION DE LA BANQUE AU PRET D'ETUDES SUPERIEUR
Duo, Huang, Daohong, Zhang, Aijuan, Chen, Canadian Social Science
The paper mainly researches behavior of banks and students which affects the efficiency of Chinese high-educational aid-loan. Using the game theory, the paper analyzes the behavioral selection of bank and students in the domestic process of education aid-loan. The paper emphatically anatomizes the impact of the reliability of the bank's claim, the intensity of penalty and the degree of the compensation to the behavior of banks and students. Gets the conclusion that, under the condition of the credit system lagging, the government should intervene to reduce the cost of the claim, raise the success probability of the claim and increase the degree of the penalty to the students who default in loan contract, to ensure the healthy development of the education aid-loan.
Key words: Behavior Analysis, Educational Aid-Loan, Game Theory
Résumé: Cet article examine principalement les comportements des banques et des étudiants qui influent l'efficacité du prêt d'études supérieur chinois. Utilisant la théorie du jeu, l'article analyse la sélection comportementale des banques et des étudiants dans le processus du prêt d'études. Il disséque catégoriquement les impacts de la fiabilité de la réclamation de la banque, l'intensité de la pénalité et le degré de la compensation sur les comportements des banques et des étudiants. Il en résulte que, dans le contexte du système de crédit en retard, le gouvernement doit intervenir pour réduire le coût de la réclamation, augmenter la probabilité de succès de la réclamation et élever le degré de la pénalité infligée aux étudiants qui ne s'aquitte pas de leur prêt, et enfin pour assurer le développement sain du prêt d'études.
Mots-Clés: analyse comportementale, prêt d'études, théorie du jeu
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1. DEVELOPING STATUS OF HIGH-EDUCATIONAL AID-LOAN IN CHINA
The student loan institution had been established along with the developing of charging institution of higher education in China. In China the high-educational aid-loan institution has been established since 1999, State Department, Ministry of finance and others relative governments issued a series of documents (for example State department issued documents of 58, 6,27, and Ministry of finance issued documents of  158 and 1 ) to push and fulfill the high-educational aid-loan program. Those works energetically promoted the aid-loan project, unified the understanding and defined the aim. .
However as entering the repaying period, the risk of default in repaying is emerging. According to the incomplete statistic, by the end of the May 2003, in the 884 universities which issued the aid-loan, there were 540 thousand students should repay the principal and interest, but there were 130 thousand students who can't repay the principal and interest according to the contract, involving 227 universities; 9 thousand students defaulted more than 90 days, involving 188 universities, the defaulting ration of more than 90 days reached 16.7%. According to the reports of the banks, the ratio of the students who did not contact with banks forwardly more than 10%, even exceeded 50%.
The reasons of students can't repay according to the contracts includes two kinds reasons. One kind is the credit consciousness of student is lacking, considering the aid-loan is "policy" loan, not will and not want to repay, so form the mind of default in repaying; another kind is lacking the impersonal ability of repaying, due to students can't find job in time so no income or a little of income.
The process of the high-educational aid-loan can be seen as a game process between the bank part and the student part. The improving direction of the higheducational aid-loan institution should be changing the pay-off matrix of two parts in order to ensure the banks want to loan and the students like to repay loan.
2. ANALYZE THE BEHAVIOR OF THE PRINCIPAL PARTS OF HIGH EDUCATIONAL AID-LOAN WITH GAME THEORY
During the process of the aid-loan, two principal parts (the banks and the students) of the game continue to make decisions basing on the change of the pay-off matrix in a dynamic process. …