Parse of China

Gradual Reform Logic Based on Bargaining Game

Yilun Tong (Autor)

Buch | Softcover

258 Seiten

2018 | Softcover reprint of the original 1st ed. 2017
Springer Verlag, Singapore
978-981-13-5150-1 (ISBN)

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This book focuses on the gradual reform of Chinese society since China’s opening up to the world, and gives a unified explanation of the process based on bargaining theory. It studies institutional changes as a non-violent bargaining process in which different parties constantly make adjustments to social contracts by following the tradition of classical economics initiated by Adam Smith. The book has two major conclusions: First, bargaining-driven institutional reform ensures both efficiency and equality. Second, bargaining-driven institutional reform involves the principles of, and is an essential approach to democracy. The book’s interpretation of the economic phenomena and the reform mechanism in China not only reflects China’s 30-year reform experience, but also pays due homage to the academic heritage in the related areas. Yet, as a departure from traditional theories of the Chinese reform, this book lays out a unified and legitimate theoretical framework in order to clarify theinternational misinterpretations of China’s social change and institutional reform.

The Theoretical Context of Institutional Reform.- The Theoretical Properties of the Institutional Reform of China.- Bargaining Theory’s Contribution to Social Science.- Bargaining Game.- An Economic Description of Institution.- The General Bargaining Context of Institutional Reform.- The Bargaining Context of the Institutional Reform of China.- The Bargaining Equilibrium of the Institutional Reform of China.- Theoretical Implications of the Bargaining-Driven Institutional Reform of China.- The Logical Defects of the Two-Person Bargaining Game to Characterize Institutional Reform.- A Naturalistic Understanding of the Institutional Reform of China.

Erscheinungsdatum	04.03.2022
Zusatzinfo	41 Illustrations, black and white; XIX, 258 p. 41 illus.
Verlagsort	Singapore
Sprache	englisch
Maße	155 x 235 mm
Themenwelt	Wirtschaft ► Allgemeines / Lexika
Themenwelt	Wirtschaft ► Volkswirtschaftslehre
Schlagworte	Bargaining-Driven Reform • Bargaining Equilibrium • Bargaining Game • Bargaining Theory • Institutional Economics • Institutional Reform
ISBN-10	981-13-5150-3 / 9811351503
ISBN-13	978-981-13-5150-1 / 9789811351501
Zustand	Neuware