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发帖数: 197 | 1 模型是不是太简单吗？
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1916469
Abstract:
The Confucianism school emphasizes family value, moral persuasions, and
personal relations. Under Confucianism, there is a free-rider issue in the
provision of efforts. Since national officials are chosen through personal
relations, they may not be the most capable. The Legalism school emphasizes
the usage of incentives and formal institutions. Under the Legalism, the
ruler provides strong incentives to local officials which may lead to side
effects because some activities are noncontractible. The cold-blood image of
the Legalism may alien citizens. By exploiting the paternalistic
relationship between the ruler and the ruled under Confucianism and the
strength of institution-building under the Legalism, the ruler may benefit
from a combination of Confucianism approach and the Legalism approach as the
national strategy of governance. As each strategy has its pros and cons,
which strategy of is optimal depends on factors such as the minimum
enforceable level of public service and the level of institution building
costs. |
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