Regional public administration represents in essence an institutional change in the pattern of governance by the government, in that it breaks down the original institutional arrangements of the administration of admi...Regional public administration represents in essence an institutional change in the pattern of governance by the government, in that it breaks down the original institutional arrangements of the administration of administrative divisions and embarks on a new process of institutional evolution of the patterns of interest distribution in society. Present throughout this process is a game between different interests, leading to the final emergence of a new system - a new contractual setup resulting from the playing out of the relevant factors. These games take place mainly between the central and the local authorities and among the latter. Setting up a cooperative approach of ＂repeated gaming＂ when the game runs into possible difficulties, developing mechanisms conducive to better information exchange and to bilateral or multilateral consultation, further reshaping government functions by cutting the interest ties that link local authorities with socioeconomic entities, and strengthening the central authorities＇ macro-control functions are efficient guidance measures for setting up a system of regional public administration and realizing change in governance patterns.展开更多
Based on the analysis of the characteristics of AMC＇s non-performing asset auction, this paper puts forward a model of AMC＇s non-performing asset disposal with the Game Theory thinking, explored the Nash Equilibrium...Based on the analysis of the characteristics of AMC＇s non-performing asset auction, this paper puts forward a model of AMC＇s non-performing asset disposal with the Game Theory thinking, explored the Nash Equilibrium solution to the pricing model of AMC＇s non-performing asset auction, discussed the impact of the actual value of non-performing assets, auction disposal costs and other relevant elements on auction price, analyzed the pricing and decision-making mechanism of AMC＇s non-performing asset auction with Game Theory, and provided a theoretical guide for AMC to auction the non-performing assets in practice.展开更多
文摘Regional public administration represents in essence an institutional change in the pattern of governance by the government, in that it breaks down the original institutional arrangements of the administration of administrative divisions and embarks on a new process of institutional evolution of the patterns of interest distribution in society. Present throughout this process is a game between different interests, leading to the final emergence of a new system - a new contractual setup resulting from the playing out of the relevant factors. These games take place mainly between the central and the local authorities and among the latter. Setting up a cooperative approach of ＂repeated gaming＂ when the game runs into possible difficulties, developing mechanisms conducive to better information exchange and to bilateral or multilateral consultation, further reshaping government functions by cutting the interest ties that link local authorities with socioeconomic entities, and strengthening the central authorities＇ macro-control functions are efficient guidance measures for setting up a system of regional public administration and realizing change in governance patterns.
基金This project is supported by National Natural Science Foundation of China （70873014）.
文摘Based on the analysis of the characteristics of AMC＇s non-performing asset auction, this paper puts forward a model of AMC＇s non-performing asset disposal with the Game Theory thinking, explored the Nash Equilibrium solution to the pricing model of AMC＇s non-performing asset auction, discussed the impact of the actual value of non-performing assets, auction disposal costs and other relevant elements on auction price, analyzed the pricing and decision-making mechanism of AMC＇s non-performing asset auction with Game Theory, and provided a theoretical guide for AMC to auction the non-performing assets in practice.
