A Contract Theoretical Analysis of Governance

治理的契约理论分析

基本信息

批准号：
17530192
负责人：
SUZUKI Yutaka
金额：
$ 1.09万
依托单位：
Hosei University
依托单位国家：
日本
项目类别：
Grant-in-Aid for Scientific Research (C)
财政年份：
2005
资助国家：
日本
起止时间：
2005 至 2006
项目状态：
已结题

来源：
https://kaken.nii.ac.jp/en/grant/KAKENHI-PROJECT-17530192/
关键词：
Economic Theory Public Finance Public Economics Politics Political Economy Governance Contract Theory

项目摘要

The purpose of this project was to investigate and compare the Centralization vs. Decentralization problem in the three fields of private, government, and super-national sectors, based on a shared understanding that the concept of 'governance' can be applied as devices for internalizing and solving various externalities existing among players or actors.With regard to the corporate governance problem in the private sector, we first presented a comparative theory of "Non-Integrated", "Integrated", and "Decentralized" firms. Non-integrated firms fail to consider the externalities that managers' decisions have on other firms. While integrated firms internalize these externalities, they do not consider the "private benefits" of managers. The Decentralized Firm works as a hybrid of these two structures. We also interpreted our model from the viewpoint of allocation of formal authority. Second, we considered a bilateral moral hazard framework where the principal is also a productive agent, an … More d we analyzed static and repeated game versions. We showed that the commitment problem can be solved through a reputation and self-enforcement mechanism, and presented some implications for corporate governance. Third, we constructed a dynamic context of Holdup, performed a monotonicity analysis, and interpreted the analytical results from the viewpoint of contract incompleteness crucial in the Holdup problems.With regard to the government sector, we focused on Decentralization Reform. We analyzed the incentives for local governments to improve the public balance under resident migration, and showed that whether a local government makes its fiscal balance efficient depends on the condition of population distribution. If the residents' utility in a congested region gets worse due to the inflow of population from a sparse region, the local government in the congested region will not make efforts but rather worsen its public balance. Thus, under decentralization, local governments do not always make efforts efficiently, and the population distribution is not guaranteed to be efficient.Lastly, with regard to the Super-National Sector, we examined the Euro-zone finance governance through the Stability and Growth Pact (SGP), where the European Commission tries to enforce SGP and Euro-zone member countries are expected to keep the SGP rule. The paper traced the process how the European Commission had unsuccessfully fought against the France's deviation from the SGP rule, through their recommendation to apply the penalty in order to ensure the value of the common currency, the Euro, and then analyzed it in a game theoretic framework. Less

该项目的目的是基于共同的理解，即可以将“治理”的概念应用于私人或参与者之间存在的各种外部性的设备，以对私营部门或参与者之间存在的各种外部性，我们首先提出了'''''''''''''''''''''''''''''''''''''''''''''''''''首先将各种外部化应用于参与者或参与者之间的各种外部性。与私营部门的私营部门中的各种外部性，我们首先提出了'''''''''' “分散”公司。非集成的公司未能考虑管理者对其他公司的决定的外部性。尽管综合公司将这些外部性内部化，但他们不考虑经理的“私人利益”。分散的公司作为这两种结构的混合体工作。我们还从分配正式权威的角度来解释了我们的模型。其次，我们考虑了双边道德危害框架，该危害框架也是校长也是生产代理，这是……更多的D我们分析了静态和重复的游戏版本。我们表明，可以通过声誉和自我执行机制来解决承诺问题，并对公司治理产生了一些影响。第三，我们构建了持有的动态背景，进行了单调性分析，并从持有问题的合同不完整的角度来解释了分析结果。与政府部门有关，我们专注于权力改革。我们分析了地方政府在居民移民下改善公共平衡的激励措施，并表明地方政府是否使其财政平衡有效取决于人口分布的状况。如果由于稀疏地区的人口流入，居民在拥挤地区的公用事业会变得更糟，那么拥挤地区的地方政府将不会付出努力，而是更糟的是公共平衡。在权力下放的情况下，地方政府并不总是有效地努力，并且不能保证人口分配有效。关于超国家行业，我们检查了通过稳定和增长条约（SGP）的欧洲区域财务治理（SGP），欧洲委员会试图在欧洲委员会试图执行SGP和欧洲成员的国家，以确保SGP的规定。该论文通过建议通过建议使用罚款，以确保共同货币的价值，欧元，然后在游戏理论框架中分析，这是欧洲委员会如何与法国脱离SGP规则的撤离未成功斗争的过程。较少的

项目成果

期刊论文数量（19）

专著数量（0）

科研奖励数量（0）

会议论文数量（0）

专利数量（0）

Dumping Behavior and Anti-Dumping Laws in International Duopoly : A Note on Infinite Horizon Formulation

国际双寡头垄断中的倾销行为与反倾销法:无限视野表述的注记

DOI：
发表时间：
2005
期刊：
Journal of Economic Research (Official Journal of Asia-Pacific Economic Association) 10巻2号
影响因子：
0
作者：
Abe;Yukiko;Keiko Tamada.;Yutaka Suzuki;増田信彦;Yukiko Abe and Akiko S. Oishi;張南;安部由起子・田中藍子;Yutaka Suzuki
通讯作者：
Yutaka Suzuki

Eurozone Finance Governance through the Stability and Growth pact, January 2002-November2003

通过《稳定与增长公约》实施的欧元区金融治理，2002 年 1 月至 2003 年 11 月