中国楼市将步美国后尘？

一家地产中介机构关闭了数百家门店，另一家地产中介机构的所有者潜逃；地产开发商取消了融资计划，债务利差大幅扩大；房价大幅下挫——这些听上去像是最近美国房地产市场中发生的事情。     

新加坡房地产价有上涨趋势

据外报报道,自从１９９９年６月份以来,新加坡房地产开发商已经从集体发售商手中买断了价值１５亿美元的一流房地产地皮的产权,而前年这个数字是零。１９９７年,当新加坡房地产价格还处于高峰期时,新加坡房地产开发商花费了１６亿美元来购买一流房地产地皮的产权。对开发商来说,利用这种交易能够最好地掌握一流的房地产地皮,并从价格上涨中获益。自从１９９８年为阻止房地产价格的下跌态势,最大的土地供应商———新加坡政府停止出售土地之后,新加坡开发商一直采用这种方式购得土地。据悉,新加坡政府今年可能会恢复土地供应。据报道,目前新…     

天水市房地产产权交易管理中心

天水市房地产产权交易管理中心是天水市房地产交易与房屋登记的重要窗口。中心内设8个科室和测绘队，现有工作人员51名。中心办公楼建筑面积4369．49平方米，一楼为房地产交易、鉴证、权属登记的“一站式”办证大厅，共设16个服务窗口；二、三楼为房地产开发商、房地产中介等单位展示、展销、洽谈、交流的房地产市场；     

房产中介一线城市忙关门

二手房交易明显萎缩5月初,香港上市房地产中介机构美联物业退出上海二手房市场,并在其他城市进行明显的业务收缩。而早在大约3个月前,北京地区的一家较大的中介机构鑫尊地产,在调控政策出台后     

道德风险——我国再保险供给不足成因的新视角

保险领域的道德风险,不仅发生在直接保险交易中,而且也发生在再保险交易中。道德风险的产生,减少了再保险供给的数量,降低了再保险合同双方的效用水平。文章从量化我国财产保险再保险供给不足入手,指出我国再保险供给不足这一现状,通过介绍道德风险存在引起再保险供给不足的模型,提出对我国再保险交易道德风险防范的控制措施。     

关于我国创业板市场风险防范的几点建议

创业板市场存在着较主板更高的风险,包括发行人的道德风险,金业的经营风险,中介机构及监管机构的道德风险,市场可能出现的过度投机对中小投资者造成的风险.其中发行人的道德风险主要是中小高科技企业的公司治理结构远未形成所造成的,企业的经营风险主要是企业自身经营问题造成的下市风险,中介机构道德风险主要是保荐人制度方面的风险等,文章针对存在的风险提出了几点风险防范的建议.     

古代房地产“开发商”也疯狂 白居易苏东坡如何买房

两千九百多年前的一桩地产交易在多数人的印象中,房地产交易也就是最近二十几年的事情,而售楼部、开发商、分期付款、货币购房、按揭、房奴、开盘、过户,这些热门词汇都是最近这些年才出现的。其实,事情并不是我们想象的那样。研究古代房地产多年的著名专栏作家李开周告诉记者,现在房地产市场上所有的现象在古代也有,根据考古实物和历史文献证明,中国在西周时就出现了土地交易,在战国时就有房屋买卖。有一个名字叫＂盉＂的西周青铜器上,就刻有一段关于地产交易的铭文,     

快速解困房市的三个策略

房地产市场能否迅速重返健康发展轨道,关键在于住房交易量能否迅速回暖。而住房交易量能否迅速回暖,关键在于虚高的房价能否迅速回归理性。因此,调控政策的靶心,应该是敦促开发商大幅度降价。     

货比三家选房贷

4月18日至21日,2013重庆春季房交会在南坪国际会展中心举行。此次是重庆举办的第三十一届房地产展示交易会,参展企业共有153家。其中房地产开发企业112家,中介机构16家,以及金融服务机构、装饰建材等其他企业。本届房交会提供可交易商品住房面积为549.9万平方米,共计48720套;可交易非住宅面积为117.4万平方米。另外,还提供了15.8万套二手住房房源。每年的房交会不仅是房地产商推     

信息非对称与金融中介机构发展

文章从交易成本和信息非对称入手,说明了金融中介机构的理论发展逻辑,其中主要阐述了金融中介机构特别是银行发展在消除信息非对称问题上的作用,并分析了除设立金融中介机构外,还应怎样防止信息非对称引起的逆向选择和道德风险问题.     

Study on Optimal Contracts Model of Credit Default Swap Based on Principal-agent Theory

This paper studies moral hazards in credit default swap under asymmetric information. We employ principal-agent theory to construct credit default swap contracts analytical model, and research the optimal credit default characters under such circumstances. At last, some prevention methods of reducing moral hazards and optimizing credit default contracts are proposed.     

论企业道德风险及其法律防治

市场经济最大的风险之一就是企业道德风险。法律是克服企业道德风险的最重要手段之一。对企业道德风险的法律防治，应着重于营造市场法制环境，促进充分有效的市场竞争，并致力于完善信用制度和企业法人治理结构，强化企业信息公开义务。     

我国证券投资基金的风险管理及对策研究

证券投资基金的风险主要是系统风险和非系统风险。文章认为,股票选时是减少基金的系统性风险,选股是减少非系统性风险。文章建议采取民法措施规避基金经理道德风险,完善证券投资基金信息披露制度,提高基金股东对基金经理的选择与监督能力,成立更多低风险固定收益债券型证券投资基金,进行基金制度创新,改原有的契约型证券投资基金模式为合伙制基金或公司制基金,建立风险对冲机制和风险对冲工具,强化证券投资基金风险管理。     

Optimal partnership contracts: Foundation and duality

We use the duality in linear programming to solve the problem of optimal contracts with moral hazards. We show the importance of allowing the partners to throw away outputs under some contingencies. A two-step procedure is used to find the optimal contracts. The first step minimizes the loss from undistributed outputs, and in the second step, a second best solution is found. A characterization of the optimal contracts in two-by-two-by-two partnership games is offered. Such contracts implement an optimal strategy profile that either has no incentive cost to implement or is near a pure strategy profile.     

Platform selection by software developers: Theory and evidence

This paper analyzes platform selection (affiliation) by game developers in the Japanese home video game industry. We develop an elementary model of affiliation by software developers and propose the hypothesis that wider availability of game titles for a platform positively inclines game developers to affiliate with that platform when releasing new game titles. Then, using data for Japan, we estimate a multinomial logit model that includes both the attributes of game developers and the characteristics of platforms, and find evidence supporting this hypothesis. Overall, the findings suggest that game developers expect the indirect network effect to apply, and the prospect of future growth matters to them when deciding with which platform to affiliate.     

农村住院医疗保险制度分析——以江阴为例

With the introduction of the household contract responsibility system, the traditionat rurat cooperative medical service has declined rapidly in terms of its coverage, reaching the lowest level at present. The operation of the medical service with funds raised by the city government and commercial insurance in Jiangyin has provided a new line of thought. This model has not only better solved the difficult problems of fund raising and service equity in the rural medical insurance, but also helped to alleviate serious problems of adverse selection and moral hazards -widely present in commercial medical insurance. It is also that extending such a model to other regions without regard to local conditions is dangerous.     

城中村改造潜在经济问题法律分析

城中村改造是一个复杂且系统的工程,涉及到村官、村民、村集体、政府、开发商多方利益,所引发的潜在经济问题也层出不穷,尤其是村官与开发商之间的利益协调问题,更是影响到我国城中村改造和基层民主建设的效果。本文从界定城中村村官身份出发,对城中村村官与开发商之间的经济行为表现作出阐述,并对此行为涉及的法律问题从刑法学角度做一分析。     

基于演化博弈理论的装配式建筑激励策略

为了解决装配式建筑发展缓慢的问题，从建筑产业链的角度考虑，运用演化博弈理论对目前装配式建筑产业链中三大主体(政府、开发商、制造商)的行为进行分析，构建“政府-开发商”“开发商-制造商”两两激励的演化博弈模型，得到各主体的最优策略。通过分析，博弈的稳定均衡与系统的初始状态密切相关，只有当政府进行积极的经济激励，直接给予开发商财政补贴，开发商积极配合政府政策开发装配式建筑并对下游制造商进行成本分担时，才能实现三方利益共赢，推动装配式建筑的发展。     

Guilds and middle-class welfare, 1550–1800: provisions for burial, sickness, old age, and widowhood

Guilds provided for masters' and journeymen's burial, sickness, old age, and widowhood. Guild welfare was of importance to artisans, to the functioning of guilds, to the myriad of urban social relations, and to the political economy. However, it is an understated and neglected aspect of guild activities. This article looks at welfare provision by guilds, with the aim of addressing four questions. Firstly, for which risks did guild welfare arrangements exist in the Netherlands between 1550 and 1800, and what were the coverage, contributions, benefit levels, and conditions? Secondly, can guild welfare arrangements be regarded as insurance? Thirdly, to what extent and how did guilds overcome classic insurance problems such as adverse selection, moral hazards, and correlated risks? Finally, what was the position of guild provision in the Dutch political economy and vis‐à‐vis poor relief?