Font Size: a A A

The Research On Rule Preference During Governance Of Residential Maintaining Fund

Posted on:2017-02-05Degree:MasterType:Thesis
Country:ChinaCandidate:G W WangFull Text:PDF
GTID:2279330488962555Subject:Finance
Abstract/Summary:PDF Full Text Request
In order to update and improve common parts and facilities in residential systems, house owners pay money which we call residential maintaining fund when buying houses. The funds have been contributed seventeen years and sum up to a huge amount. Current situations are that efficiency is extremely low and capital depreciation and losses occur frequently. These existing problems make people start questioning the governance of residential maintaining fund which is supervised by the government department nowadays. More and more people think that they should be responsible for the fund which originally belongs to them. Abstracted from the reality, the problem during governance of fund belongs to the macro-institutional aspect. Institution is the equilibrium result of individual interaction and coordination. The whole process is influenced by individual decisions, which is decided by individual’s cognitive states, so we choose individual’s cognitive state as research perspective to explain the reason of existing problems during governance of fund.Introducing the core concept-rule preference, which means for a given decision rule individual hold different attitudes. The supervision by the government is defined as the old rule and the supervision by owners themselves is defined as the new one. Through the relevant theory, we form a main line of the article which includes experience, preference and cognitive, cooperative equilibrium. Combining the theory and the social hot issue, we collect a survey in a Nanjing typical residential area to learn the state and adjustment factors of rules preference (identity) and strategy-expectation and horizontal cooperation. The results show that:(1) most of the owners can establish clear cognitive system, and the " Market level negotiation rule " about supervision of residential maintaining fund is adjusted to a higher level; (2) The individuals who experienced welfare policy in a long time are more likely to have high rule identity of "government is responsive" while have low strategy-expectation on "solving by negotiation of property owners" in common resources governance in communities. (3) During the adjustment process, individual learning experience of participating in community affairs, the number of repeated experiences and positive feedback after participation will reduce self-recognition rules governing administration, at the same time it will improve the level of negotiation rules for market policy expectations.
Keywords/Search Tags:Residential Maintaining Fund, Cooperate Governance, Rule Preference(Rule Identity), Strategy Expectation
PDF Full Text Request
Related items