制度变革与省区经济增长——基于内生视角的实证研究

首先利用主成分方法构建了各省区的年度制度指数,设计了制度的工具变量,即各省区的矿产资源禀赋和海外市场接近度,然后利用回归方程分析了制度变革对经济增长的影响。结果表明,市场化导向的制度变革直接推动了我国省区的经济增长。     

理性政府与社会主义和谐社会的构建

政府的不作为和乱作为，无疑走理性缺失的结果。政府理性的缺失极易导致政府存在的合法性合理性认同危机。并成为构建社会主义和谐社会的一大障碍。要构建社会主义和谐社会必须弘扬政府理性，构建理性政府，通过创新政府管理理念和管理体制。实现政府再造，为构建和谐社会提供强有力的制度保障。     

会计舞弊的行为经济学分析

会计舞弊的机理是主观因素为主导，客观因素通过主观因素起作用而发生结果的一个过程。这种机理可以用行为经济学的基本原理加以阐释。“有限理性”假设可以说明会计舞弊为何产生；前景理论可以解释会计舞弊中的合谋现象；锚定效应和过度自信可以表明为什么经济主体和个人甘冒舞弊被发现和受到处罚的风险。     

基于投资者偏好的公司融资工具设计——以金融工程技术为视角

根据投资者偏好与确定性心理,从金融工程技术角度,论述了投资者与公司决策激励相容在融资工具中的重要作用,并以可转换债券、浮动利率债券、浮动利率优先股及固定利率与浮动利率的债务互换等为例,具体分析了金融工程技术在公司融资工具设计的运用.     

‘Tour me onshore’: understanding cruise tourists’ evaluation of shore excursions through text mining

ABSTRACT

The aim of this paper is to shed light on the elements underlying cruise tourists’ evaluation of shore excursions, approaching them as an interaction of expressive and instrumental components.

To fulfil the aim of the investigation, a thematic content analysis of 1296 online reviews was conducted using the text-mining software Leximancer. The results of the study revealed that cruise visitors with different overall satisfaction with their guided tour focus the narrative of their opinion on different tour attributes. Thus, the dominant themes of the cruise passengers delighted with their tour included the performance of the tour guide, the arrangement of the tour, as well as the cruise destination sightseeing. On the other hand, instrumental components such as crowded bus tours, limited time at the port of call, and inadequate excursion design appeared to be the main aspects appointed by those unsatisfied with their onshore experience. Furthermore, the study assessed and compared the perceptions of the tour experience across cruise passengers from the contemporary, premium and luxury cruise line segments.     

Internationalization research: The impact of the Carnegie School

Over the past 40 years extensive research has been conducted in both Europe and North America on the internationalization processes of firms. The present article traces the explicit and implicit impact of the work of the Carnegie School on this research. It shows that the ideas presented in March and Simon [(1958). Organizations. New York: John Wiley & Sons, Inc.] and Cyert and March [(1963). A Behavioral Theory of the Firm. Englewood Cliffs, NJ: Prentice-Hall Inc.] regarding the general approach to managers and decision-making, as well as their concepts of bounded rationality, uncertainty, and limited/problemistic search, all fit very well with empirical findings concerning such internationalization processes. The possible benefit to this research area of a more extensive use of other contributions stemming from the Carnegie School is also discussed.     

行为金融学“迎来了末日”

本文首先简要介绍了行为金融学在国外的产生发展过程以及它对现代金融经济理论做出的挑战,接着阐述了行为金融学的作用和贡献:它通过添加人类因素丰富了对金融市场的理解,在聚集各种行为因素时,它仔细研究了市场的作用。然后又介绍了RichardH.Thaler对行为金融学的未来研究主     

Collective learning,innovation and growth in a boundedly rational,evolutionary world

We formulate a simple multiagent evolutionary scheme as a model of collective learning, i.e. a situation in which firms experiment, interact, and learn from each other. This scheme is then applied to a stylized endogenous growth economy in which firms have to determine how much to invest in R&D, where innovations are the stochastic product of their R&D activity, spillovers occur, but technological advantages are only relative and temporary and innovations actually diffuse, both at the intra and interfirm levels. The model demonstrates both the existence of a unique long-run growth attractor (in the linear case) and distinct growth phases on the road to that attractor. We also compare the long-run growth patterns for a linear and a logistic innovation function, and produce some evidence for a bifurcation in the latter case.     

Economics and psychology in the twenty-first century

This paper begins by exploring four different possible formsof relationship between economics and psychology, which havedifferent connotations in terms of the relative status of thetwo disciplines. It then focuses on the future for one of these,psychological economics. After setting out the hardcore axiomsand positive and negative heuristics of a research programmein psychological economics, it explores institutional and psychologicalbarriers to the success of such a research programme in thecontext of both research and teaching.     

Noisy Directional Learning and the Logit Equilibrium

We specify a dynamic model in which agents adjust their decisions toward higher payoffs, subject to normal error. This process generates a probability distribution of players’ decisions that evolves over time according to the Fokker–Planck equation. The dynamic process is stable for all potential games, a class of payoff structures that includes several widely studied games. In equilibrium, the distributions that determine expected payoffs correspond to the distributions that arise from the logit function applied to those expected payoffs. This “logit equilibrium” forms a stochastic generalization of the Nash equilibrium and provides a possible explanation of anomalous laboratory data.