High debt level of the enterprise results in the strategic advantage over the product competition, but under the demand uncertainty, the demand shock made all partners raise their debt level and lead them strapping into the prisoner's dilemma.
High debt level of the enterprise results in the strategic advantage over the product competition, but under the demand uncertainty, the demand shock made all partners raise their debt level and lead them strapping into the prisoner's dilemma.
但在不确定性需求下，需求的波动将会使企业都选择高负债的资本结构，企业陷入了提高负债的“囚徒困境”，从而使得企业破产风险增大。