Font Size: a A A

The Study Of System Incentives On Investment Behavior Consistency

Posted on:2014-01-13Degree:MasterType:Thesis
Country:ChinaCandidate:H L YangFull Text:PDF
GTID:2249330398469158Subject:Quantitative Economics
Abstract/Summary:PDF Full Text Request
This study is based on the following reasons:First, in the face of institutional incentives,we try to answer questions that how behavior to respond, how capital to flow, and then how to adjust the industrial structure.Second, we try to select the appropriate mathematical symbol represent system in the interaction of the system and investment behavior, wo also try to quantify the system, and to explore how the system changes to effect the industry selection;Third, to choose the basic role of market-based mechanisms in the industry to explore how policy incentives to make use of the right to influence investment behavior, thereby changing the distribution of industrial layout and industrial capital, that is, changing the industrial capital structure of a country or region;Fourth, in the consistency analysis of the market investment behavior, we try to compensate for the deterioration of the system dimension;we try to avoid the lack of space vector and behavioral background in economic research;Fifth, to correct view that self-interaction, irrational, and the emergence is reason of consistency behavior.Under reasonable assume, through the method of vector analysis, marginal analysis and dynamic analysis methods, we have established the background space of the behavior activies. We learn from the SW model, then define the behavior and institutions, try to deductive reasoning and analy the system dimension of market behavior consistency. The article relates to a balance and contrast.Equilibrium means the equilibrium of internal and external.The behavior face the system incentives, because the existence of profits, the behavior will move closer to the type of industry which be motivated.In the transfer process, the behavior got income, but also paid the cost.The gains prompted rotation, the cost prevent rotation; when turning marginal cost equals marginal revenue, the behavior in a steady state, the investment behavior sites which generate a new industrial structure. The contrast is the comparison before and after incentive.System are missing, the capital there is a distribution,the capital here is a distribution;there is incentives, to answer two distributions what difference and how much?Ultimately, we establish a quasi-physical model reflect the economic mechanism, to explore how the investment behavior to response system, and thus how the industrial structure in response to changes in the system.In different contexts, we simulate how the investment behavior in response to changes in the system.The significance of this study were as follows:Vector metaphor of the system find a good mathematical mapping to measure system may open a window for the vector in the economy;Industrial clustering in this paper construct geometric industries space to solve the problem of the loss of economic research background space, supply metaphor for the social problems economics accurate and quantitative;In cost and benefit analysis,we provides a theoretical framework for the study of the flow of capital between the industry, and measure system regulation effect on investment behavior;This study takes into account the institutional dimension to correct th view of behavior consistency which only dues to individual interact irrational and bottom-up;This article on how the system affects investment behavior, and thus affect the distribution of industrial capital, deepen scholars’ understanding on how the system through market mechanisms affect industry choice.
Keywords/Search Tags:field, institutional, behavioral consistency, industry selection, S-Wmodel
PDF Full Text Request
Related items