汇率决定理论的发展与前沿述评

汇率决定问题是国际金融领域的一个重要命题,其间得到不断地丰富和发展。本文对汇率决定理论的发展脉络、内容、前沿作系统性地概述,并作出精要地评判。文章指出汇率行为的复杂性将是汇率决定理论研究的一个方向,非线性分析工具将成为汇率行为研究的主要手段。     

马克思如何实现对黑格尔辩证法的改造

马克思是如何实现对黑格尔辩证法的唯物主义改造的呢?马克思反复强调,黑格尔哲学是一种“头足倒置”的哲学,通过推敲黑格尔和马克思的辩证法思想,本文认为马克思实现对黑格尔辩证法的改造,至少经过了三个倒置:倒置了黑格尔辩证法辩证发展的主体;倒置了黑格尔辩证法辩证发展的中介;倒置了黑格尔辩证法辩证发展的理论结构。     

房地产业中政府与开发商的博弈分析

房地产业中政府与房地产开发商之间的关系既是行业主体关注的重点,也是国家如何加快房地产业发展步伐的核心问题。近年来,国内外专家研究房地产行业开发商与政府的行为的很多,但大多仅停留在对现象的描述,不够全面。本文以博弈论及信息经济学理论为依据,分析了房地产业开发商与政府的利益博弈,建立了存在政府监管情况下开发商行为选择的“监管博弈”模型,并且求解出纳什均衡解。在此基础上,给出了应对房地产市场各种情况的治理对策,以实现加快城市建设步伐、保证社会经济的协调、健康和长远发展。     

On Sraffa's Standard commodity: is its price invariant with respect to changes in income distribution?

In his 1960 book, Sraffa suggested using a composite commodity,which he called the ‘Standard commodity’, to solveRicardo's search for an invariable measure of value, i.e., astandard capable of isolating the price movements of any othercommodity induced by changes in income distribution. The absencein Sraffa's book of an explicit proof of the invariance propertyof this standard gave rise to many misunderstandings about itsmeaning and its role as an invariable measure of value. In orderto clear up these questions, Bellino (On Sraffa's Standard commodity,Cambridge Journal of Economics, vol. 28, 121–32, 2004)has proposed a ‘proper’ definition of an ‘invariablemeasure of value’, showing that Sraffa's Standard commoditydoes fulfil the requirements of this definition. He claims thatthe fulfilment of this property (but not the constancy of its‘nominal’ price) qualifies the Standard commodityas an invariable measure of value. In this paper, a proof ofthe invariance of the price of the Standard commodity with respectto changes in income distribution is given, and the equivalenceof this property with Bellino's definition of invariance isshown.     

中国和新加坡产业内贸易与规模经济关系的协整分析

中国和新加坡产业内贸易与规模经济存在着一种长期的均衡关系,新加坡生产企业的规模经济对产业内贸易的推动作用大于中国,中国和新加坡生产企业的规模经济与产业内贸易存在单向因果关系,即规模经济促进产业内贸易.     

公司财务控制机理:一个基于制度博弈的分析

财务控制的目标是对出资者和经营者之间形成的代理契约的冲突进行管理和协调.以出资者与经营者的制度博弈模型为分析基础,可以清楚表明财务控制机理特征:首先,财务控制本身具有的制度成本(控制成本)是制约控制成效的关键因素;其次,财务控制作为一种制度安排,应具备使经营者违背代理契约的外部成本内部化的功能;最后,财务控制本质是一种契约安排,是出资者和经营者之间多次动态博弈的结果,因此需要不断进行修正完善.     

Application of multi-factor hierarchical fuzzy comprehensive evaluation model in risk assessment of gas exploration

This article classified gas exploration risk on the basis of the characteristics of oil-gas exploration investment projects, which are internal systems risk and external non-systemic risk. It described each classification specifically and introduced the basic principles and mathematical model of the multi-factor hierarchical fuzzy comprehensive judgment in detail, and then researched the conducts the risk of the gas exploration with examples.     

基于“行为经济学理论”的旅游者行为分析

传统的旅游者行为分析方法,主要是进行定性的分析,将各个因素进行框架分析,而对旅游者行为的影响因素分析深度不够。借助行为经济学的理论和分析方法,从旅游者的心理活动角度入手,注重旅游者的心理变量分析,应用前景理论和心理账户分析旅游者行为,充分考虑了情境因素和体验因素,使得关于旅游者的行为分析更加细化和接近现实生活。     

航材保障中第三方物流企业的选择研究

应用层次分析方法的思想,从航材保障对第三方物流的要求制定了科学的评价指标体系。结合指标体系利用模糊评价方法,构建了对第三方物流企业的选择模型,对航材保障中的第三方物流企业做出基本的评价,提供了科学的选择方案。     

Decoupled earnings: An institutional perspective of the consequences of maximizing shareholder value

Recent accounting scandals have brought focus on the role of management in financial statement manipulation. This focus on micro-behavior does not capture the complexities of earnings management. Taking an institutional rather than agency theory approach, earnings management is posited as a decoupled behavior. A behavior that results from not only agency-based motivations of self-interests, but also regulative, normative, and cultural-cognitive legitimacy pressures. Conformity to the central logic of “maximizing shareholder value” found in the “US financial market” institutional field provides the context in which to explore earnings management as a decoupled behavior. Insights for earnings management include the blending of agency and institutional theory perspectives to gain a more complete understanding of the behavior and the positing of a continuum of earnings management conducive to this merger. Institutional theory benefits from exploring the nesting in multiple institutional fields.