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文章针对目前我国中小企业融资的内、外部环境特点,提出融资双方对风险的不可控是融资难问题的主要原因,并以成本———收益为原则,在一定的假定条件下,应用混和策略博弈理论,分析并得出在市场不确定性和信息不对称情况下,作为融资行为双方所确定的融资利率是市场利率的两倍。由此提出政府应通过法规及市场的中介机构,构建中小企业的信用征信体系;应规范并大力扶持民间金融机构参与市场竞争,开发多层次信用产品,以降低融资风险和成本;国家政府还应制定对中小企业的利好政策,提供直接补贴解决中小企业融资难题。
In this paper, according to the characteristics of the internal and external environment of SME financing in our country, this paper puts forward the main reason that the two parties can not control the risk is the problem of financing difficulty. In the principle of cost - income, under certain assumptions, Game theory, the paper analyzes and concludes that under the circumstance of market uncertainty and information asymmetry, the financing interest rate determined by both parties as financing is twice the market interest rate. It is suggested that the government should establish a credit system for small and medium-sized enterprises through laws, regulations and market intermediaries. It should standardize and support the non-government financial institutions to participate in market competition and develop multi-level credit products to reduce financing risks and costs. Good policies should be formulated for small and medium-sized enterprises to provide direct subsidies to solve the financing problems of small and medium-sized enterprises.