In this article it is investigated the case of a three-part ultimatum game,where the proposer makes repeated sharing suggestions to the responder and a"third".This"third"is the regulatory factor of...In this article it is investigated the case of a three-part ultimatum game,where the proposer makes repeated sharing suggestions to the responder and a"third".This"third"is the regulatory factor of recurring bids,at a rate-at each time of the immediately preceding.This article answers to question like"what share would the proposer be willing to give to the responder in the case of three taking part in the ultimatum game?"Which would be moral and which fair?At which point of distribution would it be accepted by the responder?A Chi Square(x^(2))test is used.For this reason,after investigating the social integration factors through the literature,two small surveys trying to identify the distribution rate are conducted.We conclude that a share 0.40 could be accepted by the responder and the"third".展开更多
In order to overcome the shortcomings brought up by the single-layer agency relation analyses of agency problems within enterprise group, two-tiered agency models in the internal capital market are set up, and how ren...In order to overcome the shortcomings brought up by the single-layer agency relation analyses of agency problems within enterprise group, two-tiered agency models in the internal capital market are set up, and how rent-seeking behaviors of member firms' managers affect investment allocation decision made by headquarters manager is demonstrated. From equilibrium solutions of the model, it's inferred that the larger the divergence of member firm's productivity is, the higher probability of investment allocation distortion is.展开更多
文摘In this article it is investigated the case of a three-part ultimatum game,where the proposer makes repeated sharing suggestions to the responder and a"third".This"third"is the regulatory factor of recurring bids,at a rate-at each time of the immediately preceding.This article answers to question like"what share would the proposer be willing to give to the responder in the case of three taking part in the ultimatum game?"Which would be moral and which fair?At which point of distribution would it be accepted by the responder?A Chi Square(x^(2))test is used.For this reason,after investigating the social integration factors through the literature,two small surveys trying to identify the distribution rate are conducted.We conclude that a share 0.40 could be accepted by the responder and the"third".
文摘In order to overcome the shortcomings brought up by the single-layer agency relation analyses of agency problems within enterprise group, two-tiered agency models in the internal capital market are set up, and how rent-seeking behaviors of member firms' managers affect investment allocation decision made by headquarters manager is demonstrated. From equilibrium solutions of the model, it's inferred that the larger the divergence of member firm's productivity is, the higher probability of investment allocation distortion is.