Analysis of the Evolutionary Game about Loans between Rural Credit Cooperatives and Farmers in China

We analyzed rural credit cooperatives and farmers in the bounded rationality of the evolutionary game, in little the binding mechanism, the rural credit cooperatives and farmers formed a stable equilibrium (non-credit, not yet), partly because the rural credit cooperatives had their own interests, in the while, the cost that rural credit cooperatives reviewed information about farmers were too high. It improved repayment capacity of farmers to improving professional skills of farmers, and changing to intensive agricultural production, to increasing farmers income and, to established rural credit evaluation system, so that the two sides moved away from the game (no credit, not yet) the Prisoner's Dilemma.