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Parse of China - Gradual Reform Logic Based on Bargaining Game (Hardcover, 1st ed. 2017)
Loot Price: R3,430
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Parse of China - Gradual Reform Logic Based on Bargaining Game (Hardcover, 1st ed. 2017)
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This book focuses on the gradual reform of Chinese society since
China's opening up to the world, and gives a unified explanation of
the process based on bargaining theory. It studies institutional
changes as a non-violent bargaining process in which different
parties constantly make adjustments to social contracts by
following the tradition of classical economics initiated by Adam
Smith. The book has two major conclusions: First, bargaining-driven
institutional reform ensures both efficiency and equality. Second,
bargaining-driven institutional reform involves the principles of,
and is an essential approach to democracy. The book's
interpretation of the economic phenomena and the reform mechanism
in China not only reflects China's 30-year reform experience, but
also pays due homage to the academic heritage in the related areas.
Yet, as a departure from traditional theories of the Chinese
reform, this book lays out a unified and legitimate theoretical
framework in order to clarify the international misinterpretations
of China's social change and institutional reform.
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