Incentive model designed for macro-economy management system in China

Author: Ming, Lei

Source: International Journal of Social Economics, Volume 23, Numbers 10-11, 1996 , pp. 46-57(12)

Publisher: Emerald Group Publishing Limited

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Abstract:

Introduces incentive strategy as a market-oriented and highly efficient macro-economy management system (MEMS). By means of the hierarchical decision-making theory and the stochastic optimization theory, two static models with perfect information structure and partial information structure respectively are designed.

Keywords: China; Decision Making; Incentives; Macroeconomics; Management; Strategy

Document Type: Research article

DOI: http://dx.doi.org/10.1108/03068299610149444

Publication date: 1996-10-01