Analysis of financing pledged accounts receivable in supply chain by Duplex Stackelberg game Models

Abstract

Supply chain finance is a financing mode which involves core enterprise, the member enterprises, banks and other subjects of the supply chain. On the basis of symbiotic relationship, each subject is based on their own situation to make financing decision. To analyze the finance decision making of member enterprises based on the Duplex Stackelberg Models with assuming that member enterprises only would be default. In the game of core enterprise and member enterprise, the results shows that the factor which influence the guarantee probability of the core enterprise is the member enterprise's external lost, and the factor which influence the following treaty probability of member enterprise is caution money.