摘要
Starting with a case study of safety in production, I attempt, in this article, to use the framework of modern ownership theory, and not the traditional method, to analyze the internalities and externalities of ownership on the one hand and, on the other, the root of government control thereof. According to the ownership theory, because transaction cost is positive, ownership cannot be completely and clearly defined, and a part must be positioned in the public domain, making traders with advantages in information grab public wealth as their own, thus incurring to the counter party losses not stipulated on terms and conditions of the contract. That is what is called internalities. The purpose of government control, therefore, lies in reduction of the cost of completely defined ownership, and raise in efficiency of resource allocation. On this basis, this paper will finally integrate the internalities the externalities into one in the same framework of ownership theory, causing the two factors and government control to have a unified theoretic foundation.
Starting with a case study of safety in production, I attempt, in this article, to use the framework of modern ownership theory, and not the traditional method, to analyze the internalities and externalities of ownership on the one hand and, on the other, the root of government control thereof. According to the ownership theory, because transaction cost is positive, ownership cannot be completely and clearly defined, and a part must be positioned in the public domain, making traders with advantages in information grab public wealth as their own, thus incurring to the counter party losses not stipulated on terms and conditions of the contract. That is what is called internalities. The purpose of government control, therefore, lies in reduction of the cost of completely defined ownership, and raise in efficiency of resource allocation. On this basis, this paper will finally integrate the internalities the externalities into one in the same framework of ownership theory, causing the two factors and government control to have a unified theoretic foundation.
出处
《管理世界》
CSSCI
北大核心
2002年第12期62-68,共7页
Journal of Management World
基金
教育部人文社会科学研究"十五"规划项目的课题:<社会主义市场经济中政府的社会性管制职能研究>(项目批准号:01JA790060)一个阶段性成果