Research on moral hazard of tourism enterprise on the basis of game theory

Abstract

The moral hazard of tourism enterprise has become a problem in the development of tourism industry. Based on game theory, this paper constructs a game model for the government and the tourism enterprise. It makes the following conclusion after analyzing the game model. If the government strengthens the restraint and increases the penalty for the tourism enterprise which has moral hazard, the tourism enterprise will choose the operation without moral risk voluntarily. © 2011 Springer-Verlag Berlin Heidelberg.