펦폃탄샭톧ChineseJournalof1999쓪뗚5뻭뗚2웚,50ꆫ53AppliedPsychology1999,,,50253붻틗쮫랽쪱볤돉놾늻춬뗄늩?럖컶폫쪵퇩싛횤Ξ뚭쫩헂(컞컽쓏퇳톧풺)햪ꆡ튪ꆡ놾컄퓚쪵퇩뺭볃톧뗄믹뒡짏,폃탄샭톧뗄쪵퇩램,쒣쓢쇋쿖쪵훐퓚싲싴붻틗볛룱탅쾢늻뛔돆뗄쟩뺳쿂,쪱볤톹솦늻춬뛔볛룱뗄펰쿬컊쳢ꆣ춨맽62쏻놻쫔뛔20룶킡짌욷뷸탐붻틗뗄잰뫳솽뷗뛎ꆪꆪ쪱볤톹솦럖뇰헫뛔싴랽뫍싲랽쪱뗄볛룱닮틬,벴붻틗샻죳럖돉뗄닮틬,횤쪵쇋쪱볤톹솦뛔볛룱붻틗뗄쿔훸ퟷ폃ꆣ늢쪹틔췹쪵퇩뺭볃톧붻틗볛룱럢뚥(폐ퟮ룟볛)ꆢ붻틗쮫랽놻쫔쿠뮥쫬쾤틔벰붻틗놻쫔룶쳥닮틬틲쯘쎻폐쿠뛔뿘훆뗈컊쳢뗃떽쇋룄뷸ꆣ맘볼듊ꆡ싲싴붻틗ꆡ쪱볤돉놾ꆡ돉붻볛ꆡ늩?벰쯼쫇틩볛헟쳹쿖틲ퟓ(discountfactor)뗄몯1ꆡ컊쳢쳡돶쫽ꆣ웤쪵,헢샯뗄쳹쿖틲ퟓ뻍쫇횸뛔붻틗쯙뛈닺짺ퟷ폃뗄쪱볤틲쯘ꆣAꆢB틩볛훷쳥틲쪱볤췆ꆡꆡ붻틗돉릦폫럱뗄맘볼퓚폚붻틗쮫랽(AꆢB)퇓쯹퓬돉뗄돉놾,쪹뗃AꆢB쮫랽럖룮샻죳틔쒳뛔돉붻볛뗄좷뚨ꆣ돉붻볛뗄짌뚨맽돌뻍쫇틩볛훖럹뛈벴튻뚨솿뗄쳹쿖틲ퟓ믲쳹쿖싊,쯦ퟅ늩늩?맽돌,쯼뗄튪쯘돽쇋AꆢB쮫랽췢,뮹냼삨?싖듎뗄췆뷸뛸늻뛏쯵킡ꆣ듯돉쒳훖튻훂맽돌훐듦퓚뗄샻틦돥춻ꆣ싲싴붻틔췹퇐뺿,냑쪱볤쯦틩볛맽돌뗄ퟷ폃춨맽틗뗄쪵훊쫇뺭볃샻틦퓚AꆢB볤뗄럖엤ꆣ웤킧싊늩?싖듎살쳥쿖,ퟷ폃듳킡뾴쳹쿖싊,뿉쓜훷좡뻶폚AꆢB쮫랽짌뚨돉붻볛뗄쯙뛈ꆣ20쫀볍튪캪쇋놣횤놻쫔쎿싖듎뗄샭탔쮮욽ꆣ뿉쿖쪵50쓪듺Nash(1950\[1\)뒴]퓬탔뗘붫틩볛쟩뺳쫓훐,싲싴붻틗뗄쪱볤돉놾늢늻틔튻듎듎뗄ퟓ늩캪늩?쟩뺳,늢폃릫샭뮯랽램뛔웤뷸탐쒣탍?싖듎캪뿲볜,뛸쫇쏖즢탔뗘뛔틩볛쮫랽뻹릹뮯,쪹헢랽쏦뗄퇐뺿폐쇋뷏듳랢햹ꆣ듋뫳,뷏뻟돉탄샭톹솦,떫쪱볤돉놾뛔AꆢB쮫랽튲탭폐듳듺뇭탔뗄랢햹뮹폐Selten(1975\[2\])뗄ퟓ늩?뺫킡늻춬뗄ퟷ폃,벴늻춬뗄쳹쿖싊ꆣ죧맍풱뫍맍솶Nash욽뫢뫍R\ubinstein(1982\[3)뗄]ꆰ싖쇷돶훷볤샍첸에뗄틩볛늩?ꆣ쿔좻,쪱볤돉놾뻍볛ꆱ쒣탍뗈ꆣ쫇쪱볤놾짭뛔짺닺솦퓬돉뗄펰쿬,뛔맍풱죋솦ꆰ뚯첬틩볛늩?ꆱ폖돆ꆰ훘뢴틩볛늩?ꆱ,평풴쪱킧탔뗄펰쿬,늢늻쫇틲튻듎듎ퟓ늩?듎폚틩볛맽돌뗄훘뢴,쪱볤돉놾늻뗃늻ퟷ뾼싇ꆣ쫽뛸듲헛뿛ꆣ쪱볤췆퇓뛔샍쮫랽쯰쪧듳킡쫇Rubinstein(1982\)ꆡ[4\]좴냑늩?뗄쾵쇐듓쎿튻늻튻퇹뗄(,1996\[5)ꆣ\]탐캪톡퓱뾪쪼훁튻룶늩?뷡쫸돆캪ꆰퟓ늩?놾쪵퇩퓋폃늩?싛뗄쪵퇩랽램뛔틩볛붻(subgame)ꆱ,늢틔싖쇷돶볛쒣탍횤쏷쇋ퟓ늩?틗컊쳢ퟷ쪵횤뾼달ꆣ쪵퇩톡퓱ꆰ쪱볤돉놾ꆱퟷퟔ뺫솶(벴,퓚뚯첬늩?훐업돽늻뿉훃탅뗄췾킲,뇤솿,돉붻볛룟뗍ퟷ틲뇤솿ꆣ뛸ꆰ탅쾢쳵볾ꆱퟷ듓뛸룸돶튻룶샭탔뗄뻹뫢뷡맻,쯼튪쟳틩볛헟캪뫣뚨뗄ꆰ췢짺뇤솿ꆱꆣ놾쪵퇩볙짨:싲싴쮫랽퓚죎뫎쪱뗣짏뗄ퟮ폅돶볛뻶닟)뗄캨튻탔,틔(AꆢB)틩볛틲탅쾢늻뛔돆,싴랽폐폅쫆;쪱볤돉Ξ폫놾컄폐맘뗄탅볾쟫별:컞컽쓏퇳톧풺,214081,뚭쫩헂ꆣ' 1994-2014 China Academic Journal Electronic Publishing House. All rights reserved.
붻틗쮫랽쪱볤돉놾늻춬뗄늩?럖컶폫쪵퇩싛횤ö뚭쫩헂51놾듙쪹붻틗뚯믺쳡룟,퓶볓붻틗뗄벤샸잿뛈ꆣ퓚ퟀퟓ솽엔,평펲뇒춶훀쿖뎡뻶뚨쮭캪싲랽,죧쪱볤돉놾헫뛔튻랽,퓲듙쪹룃랽샻틦쫜쯰ꆣ쮭캪싴랽ꆣ럖랢뗚튻뷗뛎싲랽횸떼폯뫍싴랽횸떼폯ꆣ뗚뛾뷗뛎싲랽ꆢ싴랽뷇즫늻뇤,횻쫇뮻쇋2ꆡ퇐뺿랽램뗚뛾뷗뛎뗄10룶킡짌욷업퓚ퟀ짏,횸떼폯쫇뗚뛾뷗뛎뗄싲랽횸떼폯뫍싴랽횸떼폯ꆣ211ꆡ놻쫔퓚뾪쪼헽쪽쪵퇩횮잰뷸탐쇋풤놸쪵퇩ꆣ풤놻쫔:62쏻살ퟔ늻춬쾵뿆폫쓪벶뗄놾뿆놸쪵퇩뗄돌탲돽쇋횻폐튻룶뷗뛎ꆢ횸떼폯훐늻짺ꆢ뿆짺ꆢ쮶쪿짺,쿠뮥볤쓤쏻,붫쯻쏇쯦믺듦퓚쮫랽늻춬뗄쪱볤돉놾췢,웤쯻폫헽쪽쪵퇩럖돉닎볓붻틗뗄싲ꆢ싴랽ꆣ쿠춬ꆣ212ꆡ닄쇏폐20훖킡짌욷,럖솽뷗뛎붻틗ꆣ뗚튻뷗뛎3ꆡ뷡맻럖컶쫇:폪즡ꆢ횥싩뫽ꆢ솳엨ꆢ릫컄냼ꆢ뺵뿲ꆢ믆뻆ꆢ단놭ꆢ쏦뷭횽ꆢ맏ퟓꆢ쿣쮮릲10룶킡짌욷,싴랽뗄뇭1ꆫ3럖뇰쇐돶쇋풤놸쪵퇩뫍헽쪽쪵퇩ꆰ쿺쫛뻶닟떥ꆱ짏쇐돶헢10룶짌욷늢뢽폐뗗뗚튻ꆢ뛾뷗뛎룷짌욷뗄뗗볛ꆢ욽뻹돉붻볛벰욽볛,싲랽뗄ꆰ릺싲뻶닟떥ꆱ짏쎻폐뗗볛ꆣ뻹샻죳ꆣ뗚뛾뷗뛎쫇:첨뗆ꆢ놣컂놭ꆢ뚹뢯죩ꆢ쓛럴뗚튻뷗뛎(쪱볤돉놾헫뛔싴랽)폫뗚뛾뷗쮪ꆢ쏻욬놾ꆢ욤킬폍ꆢ얣욤뮨짺ꆢ펰볜ꆢ뇤톹웷ꆢ뛎(쪱볤돉놾헫뛔싲랽)욽뻹샻죳뗄뻹쫽폐쿔쪲컯삺릲10룶킡짌욷,싴랽뗄ꆰ쿺쫛뻶닟떥ꆱ훸닮틬(t=,p<)ꆣ뢽폐뗗볛,싲랽뗄ꆰ릺싲뻶닟떥ꆱ쎻폐뗗볛ꆣꆡ횸떼폯4ꆡ쳖ꆡꆡ싛뗚튻뷗뛎:싲랽:쟫쓣릺싲헢10룶짌욷,쓣뿉쳖볛뮹411ꆡ풤놸쪵퇩볛ꆣ떫폐튻룶ퟮ룟볛,횻쫇훷쫔헆컕,쓣쫂뫳닅풤놸쪵퇩횻폐튻룶뷗뛎,횸떼폯훐늻듦퓚횪뗀ꆣ쓣뗄샻죳=(훷쫔쓚늿뚨뗄)ퟮ룟볛-돉쮫랽늻춬뗄쪱볤돉놾,헢쫇평폚놾쪵퇩ퟮ돵뗄붻볛,튪쫇쓣뗄돉붻볛룟폚ퟮ룟볛,횻쓜듓쓣짨볆쒿뗄뷶퓚폚:첽뺿쿖쪵훐싲싴붻틗쮫랽탅뗄ퟜ샻죳훐뿛ꆣ10룶짌욷뇘탫붻틗췪뇏,쎿쪣쾢늻돆ꆪꆪ싴랽횪뗀뗗볛ꆢ싲랽늻횪뗀뗗볛쯹쿂튻룶짌욷,헛뿛ퟜ샻죳뗄10%ꆣ퓬돉뗄붻틗늻릫욽횮퇏훘돌뛈,틔벰듓닺좨붻싴랽:쟫쓣냑헢10룶짌욷싴룸뛔랽,쓣횪틗뷇뛈뾴,폐쓄킩횵뗃힢틢뗄컊쳢ꆣ평폚싲싴뗀뗗볛,쟫쓣늻죃뛔랽횪뗀뗗볛ꆣ쓣뗄샻죳=붻틗뗄놾훊쫇튻훖샻죳럖룮,틔췹늩?샭싛벰돉붻볛-뗗볛ꆣ캪쇋뺡뿬뷸탐붻틗,듓뗚10럖쪵퇩첽쳖쯆뫵맽폚횱뷘쇋떱,용죧,쓃100쏀훓뾪쪼,쎿뮨럑1럖훓,헛뿛쓣ퟜ샻죳뗄5%,풪,죃쮫랽럖룮,늻춬쪵퇩쳵볾뻹믡쿔쪾럖룮춬쪱,10룶짌욷뇘탫붻틗췪뇏,쎿쪣쿂튻룶짌샻죳폫뺭볃톧샭싛풤웚뗄쾵춳컳닮,쯤좻쯦쪵욷,헛뿛샻죳10%ꆣ퇩쳵볾췪짆,퇐뺿튲늻뛏짮죫,떫쪼훕죃죋룐뗚뛾뷗뛎:떽헢킩쪵퇩퇐뺿맽폚췑샫쪵볊ꆣ죧ퟮ퓧뗄쪵싲랽:쟫쓣싲헢10룶짌욷,폫룕닅튻퇹볆퇩,맾런듳톧뗄EdwardC\[6\]hambling쯹첽쳖뗄쯣샻죳ꆣ떫헢룶뷗뛎튪쟳쓣뺡뿬뷸탐붻틗,뗚쫐뎡볛룱폫샭싛짏뗄뻹뫢볛룱컊쳢ꆣ쯻냑쯻뷌10럖훓뾪쪼,쎿뮨럑1럖훓,헛뿛쓣ퟜ샻죳뗄톧냠짏뗄톧짺럖캪ꆰ싲랽ꆱ뫍ꆰ싴랽ꆱ솽ퟩ,쮫랽5%,춬쪱뇘탫붻틗췪뇏,쎿쪣튻룶짌욷헛뿛샻죋풱룷ퟔ엤뛔춨맽첸에듯떽뇋듋뻹뿉뷓쫜뗄죳10%ꆣ볛룱ꆣ돉붻뗄볛룱십짏릫늼,캴돉붻뗄쮫랽퓲싴랽:쟫쓣냑헢10룶짌욷싴룸뛔랽ꆣ볆쯣럖쫖뫳쇭톰탂믯냩ꆣ1956쓪,VernonL.샻죳춬룕닅튻퇹ꆣ떫헢듎붻틗쪱볤늻쿞훆,쒿Sm\[7\ith뛔]쯻쯹뷌뗄뺭볃톧떼싛냠뗄22쏻럖캪뗄퓚폚ퟔ평뗘랢믓쓣뗄쳖볛뮹볛뗄잱솦ꆣ10룶11죋캪싲랽,11죋캪싴랽,싴랽튻룶뗗볛,싲짌욷뇘탫붻틗췪뇏,쎿쪣쿂튻룶짌욷,헛뿛샻랽튻룶ퟮ룟볛,늢붫Chambling뗄뒫뗝볛룱탅죳10%ꆣ쾢뗄쫐뎡믺훆평쮽쿂뗄튻뛔튻뗄첸에룄캪릫214ꆡ돌탲뾪놨볛,늢닉폃뷰잮벤샸믺훆,붫룶쳥뗄뷰쎿듎쪵퇩쟫솽캻놻쫔,죃쯻쏇쏦뛔쏦뗘ퟸ폫샻죳맒릳ꆣ' 1994-2014 China Academic Journal Electronic Publishing House. All rights reserved.
52펦폃탄샭톧ꆤ1999쓪뗚5뻭뗚2웚뇭1ꆡ풤놸쪵퇩짌욷뗄돉붻볛랶캧벰웤샻죳[(돉붻볛-뗗볛)ö뗗볛ꇁ100%\]짌욷쏻돆횥싩뫽뮨뗱뻆맏ퟓ쏦뷭횽솳엨폪즡첨뗆뺵뿲놭ퟓ쿣쮮뗗ꆡ볛(풪9)돉붻볛(풪ꆫ186ꆫꆫꆫꆫ822ꆫꆫ4011ꆫ223ꆫꆫ17)샻죳랶캧16%ꆫ20%25%ꆫ6%ꆫ%ꆫ100%640%100%167%167%0%ꆫ11%8%ꆫ10%ꆫ7%ꆫ7%ꆫ208%208%114%136%뇭2ꆡ뗚튻뷗뛎:쪱볤돉놾헫뛔싴랽쪱,31뛔놻쫔뛔붻틗10룶짌욷뗄욽뻹돉붻볛뫍웤욽뻹샻죳짌욷쏻돆폪즡횥싩뫽솳엨릫컄냼뺵뿲믆뻆단놭쏦뷭횽맏ퟓ쿣쮮뗗볛(풪)욽뻹돉붻볛(풪)욽뻹샻죳%%%%%%%%%%뇭3ꆡ뗚뛾뷗뛎:쪱볤돉놾헫뛔싲랽쪱,31뛔놻쫔뛔10룶짌욷붻틗뗄욽뻹돉붻볛뫍욽뻹샻죳짌욷쏻돆첨뗆놣컂놭뚹뢯죩쓛럴쮪쏻욬놾욤킬폍얣욤뮨짺펰볜뇤톹웷쪲컯삺뗗볛(풪)욽뻹돉붻볛(풪)욽뻹샻죳126%36%70%34%52%58%93%46%56%86%ꆡꆡ퓧웚뗄쫐뎡쒣쓢쪵퇩,훷튪쒿뗄퓚폚뺭볃뗗볛8풪,풪쫛돶쫇샽췢,믲탭놻쫔뛔솳엨샭싛뗄볬닢,좻뛸틲놻쫔볤쿠뮥쫬쾤뛸쪹뷡맻볛룱쫬쾤,믲탭쫇싴랽틑뺭헵쇋늻짙잮,쳖볛ꆰ쪧헦ꆱꆣ쯤좻랢햹떽뫳웚,폈웤쫇샻죳럖룮뗄뮹볛첫뻃뛸췋죃ꆣ붻틗샻죳럹뛈횮듳퓚쿖쪵쫐늩?샭싛,쮫랽뻹닉폃쇋늻쫬쾤뗄쓤쏻놻쫔,뎡짏튲폐쯹뇭쿖,죧잰튻솽쓪뗄럾ힰ돉붻볛벸떫싲랽횪뗀붻틗뗄ퟮ룟볛ꆣ뛸퓚쿖쪵쫐뎡훐횻냙풪짏잧풪,쿖퓚좴쿷볛떽횻폐벸쪮풪냙냑쓜쫇싲랽뛔쫐뎡탐쟩벰뺭퇩ퟷ룶듳룅맀볆ꆣ풪ꆣ듳럹뛈붵볛,늢늻뗈폚싴랽뿷놾,횻쓜쮵쏷쯹틔,놾쪵퇩헫뛔짏쫶솽뗣뻹ퟷ쇋뷏듳룄풭살샻죳맽폚늻릫욽ꆣ쯹틔,붻틗훐뗄탅쾢늻뷸,틔춼랢뻲헦쪵쫐뎡뗄튻킩늻맦랶쿖쿳ꆣ맻뛔돆횮킧폃췪좫틲죋뛸틬컞램뺫좷뇈뷏ꆣ뷓ퟅ좻,퓚ퟮ돵풤놸쪵퇩믲ힼ쪵퇩훐,컊쳢뻍뗃떽컒쏇뻍뛔붻틗뗄탅쾢늻뛔돆뫍놻쫔룶쳥볓틔쇋쿔쪾,듓뛸쪹컒늻뗃늻뛔쪵퇩ퟷ늻뛏룄뷸ꆣ뫣뚨,뷸탐붻틗쮫랽쪱볤돉놾늻춬뗄솽룶뷗뛎ퟮ돵8뛔붻틗뗄돉붻볛랶캧죧뇭1쯹쪾ꆣ룶뇰뗄쫔퇩ꆣ샻죳룟듯640%,벴5풪튻욿뗄뮨뗱뻆놻뷐볛412ꆡꆰ쪱볤돉놾늻춬ꆱ뛔욽뻹돉붻볛뫍욽뻹샻떽50풪,ퟮ뫳37풪돉붻ꆣ웤샻죳쫇(37풪-5죳뗄펰쿬풪)ö5ꇁ100%=640%ꆣ듓쪵퇩뷡맻(볻뇭1뫍뇭2)뾴,솽훖쳵볾컒톡퓱헢킩쪵컯짌욷,웤뗗볛뻹뇈쫐뎡볛쿂뗄샻죳닮틬뷏듳ꆣ쪵퇩뷡맻럻뫏컒쏇ퟮ돵짨뗍(솳엨쯆뫵돽췢),쒿뗄퓚폚쒣럂쫐뎡ꆣ헢킩쿫,쯤좻붻틗맽돌훐,탅쾢늻뛔돆퓚붻틗훐쯹헦쪵짌욷,놻쫔뷏캪쫬쾤,떫폖늻췪좫횪뗀뗗퓬돉뗄돉붻볛룶쳥닮틬뷏듳,폐뗄싴랽룶뇰샻볛,헽뫃릹돉쇋쳖볛뮹볛뗄싲싴쫐뎡ꆣ평폚쪵죳룟듯375%,폐뗄뷶듯2%,떫평폚놻쫔뫣뚨ꆢ퇩싲랽쎻폐ퟮ룟볛,쳘뇰죝틗죃싴랽싾쳬튪탅쾢늻뛔돆튲폐뫣뚨뗄ퟩ볤짨볆,쪱볤톹솦죔볛,늻럢ퟮ룟볛,쎻폐닎헕쾵,뿷놾짺틢쎻죋좻뿉틔듙뷸돉붻볛랢짺훘듳욫틆ꆣEdwareퟶ,싴랽폀풶뫏쯣,횻쫇샻죳뛠짙뗄컊쳢ꆣ솳엨Chambling뗄쪵퇩뫍V\[8\]뗄쪵' 1994-2014 China Academic Journal Electronic Publishing House. All rights reserved.
붻틗쮫랽쪱볤돉놾늻춬뗄늩?럖컶폫쪵퇩싛횤ö뚭쫩헂53퇩뻹톡폃쇋돩쿳뗄짌욷,벴폃뇠뫅싫듺뇭짌쳖볛뮹볛뻟폐쏷쿔뗄늻샻ퟷ폃,쫜떽쪱볤돉놾욷,뗗볛뫍ퟮ룟볛럖뇰죃싴랽뫍싲랽횪뗀,틲톹솦뗄튻랽,믱샻죳짙ꆣ뛸,웤뷡맻믹놾춣쇴폚릫욽늩?랶캧,벴,쯹폐돉붻볛믹놾컈뚨퓚튻뚨볛캻짏ꆣ평폚놾쪵퇩닄닎뾼컄쿗쇏쫇쪵컯짌욷,싲싴쮫랽뻹뛔헦쪵쫐뎡폐튻뚨횪쪶,틲뛸,퓚쳖볛뮹볛뗄샻죳뮺돥쟸쓚뷸탐\[1\N]샻죳럖룮ꆣ웤럖룮뗄솦솿좡뻶폚뛔짌욷뗄쫬쾤rica,1950,18,1552162돌뛈ꆢ쳖볛뮹볛뗄쓜솦ꆣ퓚샻죳ퟮ듳뮯뗄췆뚯\[2\S]쿂,쮫랽쳖볛뮹볛쓜솦폐닮틬,돉붻볛돶쿖쇋nessconceptforequilibriumpointsinex2뷏듳뗄뇪ힼ닮,쯤좻짌욷닄쇏믹놾쿠춬(짌욷뗗볛컞쿔훸탔닮틬,t=,p>),늢GameTheory,1975,4:25255쟒,훷쫔퓚짌욷럖ퟩ쪱,뺡솿퓚쫬쾤뛈튲쿠떱ꆣ\[3\]\[4\R]ubinsteinAPerfectequilibriumin떫평폚놻쫔뫣뚨,뗚뛾싖뗄쪱볤돉놾듓헫뛔싴,1982,랽쿲싲랽,돉붻볛랢짺쇋쏷쿔뇤뮯ꆣ50,972109\[5\K]irchlerE,ꆡ뷡ꆡꆡ싛,1996,17:3132341ꆡꆡ놾쪵퇩훷튪뷨폃늩?쪵퇩,첽쳖싲싴붻틗\[6\\][7\]\[8\]\[S9m\]ithVL.뺭볃톧훐뗄쪵퇩랽램훐샻죳럖룮뗄컊쳢,샻죳럖룮좡뻶폚탭뛠틲ii.탂엁뛻룱샗럲뺭볃톧듳듇뗤(뗚뛾뻭),쯘:탅쾢늻뛔돆ꆢ룶쳥쳖볛뮹볛쓜솦ꆢ쪱볤돉260ꆫ268.뺭볃뿆톧돶냦짧,1992놾ꆣ퓚웤쯻틲쯘놻뿘훆뗄쟩뿶쿂,쪱볤돉놾뛔AnExperimentontheDifferentCostofTransactionTimeDongShuzhang(WuxiSouthOceanCollege,214081),wealsodiscussedtionTime(CTT),,,subjectsplayedrolesofsellerorbuyer,andKeywords:TransactionꆡꆡPricingTheexperimentresultindicatedasignificanteffectof' 1994-2014 China Academic Journal Electronic Publishing House. All rights reserved.