Economic Interpretation on the Evolution of Internal Supervision Mechanism

2021 ◽  
Author(s):  
Jing ZHANG ◽  
Jing-wen WANG ◽  
Tong-yue GUAN
Keyword(s):  
Economic Interpretation ◽  
Supervision Mechanism ◽  
Internal Supervision

scholarly journals Supervision of the Default Risk of Online Car-Hailing Platform from an Evolutionary Game Perspective

2021 ◽  
Vol 13 (2) ◽  
pp. 555
Author(s):  
Zhicheng Weng ◽  
Pinliang Luo
Keyword(s):  
Public Transportation ◽  
Default Risk ◽  
Control Mechanism ◽  
Evolutionary Game ◽  
Credit System ◽  
Credit Constraint ◽  
The Public ◽  
Supervision Mode ◽  
Public Transportation System ◽  
Internal Supervision

Online car-hailing services are becoming a key component of the public transportation system, despite there being some certain risks, especially default risk. Turning to the evolutionary game method, this research constructed an evolutionary game model of online car-hailing platform, and then analyzed the equilibrium state of three scenarios (i.e., no supervision, internal supervision of platform enterprises, and external supervision of regulators), followed by carrying out a simulation. The results showed that to realize the evolution stability strategies (ESS) of default risk control, a strong credit constraint or the establishment of a coordinated supervision mode with appropriate intensity are needed. On this basis, this research puts forward the coordinated “platform enterprise + regulator” supervision mode, as well as the following four specific strategies: Promoting the construction of a credit system, strengthening the construction of laws and regulations, establishing a service process control mechanism, and introducing innovative regulatory means.

Mexico's Pre-Revolutionary Reckoning with Railroads

1985 ◽  
Vol 42 (1) ◽  
pp. 1-28 ◽  
Author(s):  
Robert W. Randall
Keyword(s):  
Economic Growth ◽  
Economic Theory ◽  
Transportation Network ◽  
Underdeveloped Country ◽  
Role Of The State ◽  
Economic Interpretation ◽  
Short Run ◽  
Railway System ◽  
Economic Considerations

Economic considerations all but dominate recent historical writing in this country about the railroads of Mexico. Technical matters of construction and operation, as well as the role of the state in both, are touched upon, but economic interpretation, whether of the development of a railway system or of its impact on the nation, is the watchword if not catchword of most writing. Probably the leading example of the dominant approach is Growth against Development: The Economic Impact of Railroads in Porfirian Mexico (Northern Illinois University Press, 1981), by John H. Coatsworth, in which the author concludes that, while “the short run contribution of railroads to economic growth was large,” their longrun impact helped “to create the underdeveloped country Mexico has become.” Applying economic theory and measuring, Coatsworth in essence proves with numbers a case argued more elegantly in straight prose early in this century: that the application of a modern transportation network to a staple producing economy will do little more than extend and intensify the production system so as to increase the staple output.

Federated Learning Meets Blockchain: State Channel based Distributed Data Sharing Trust Supervision Mechanism

2021 ◽  
pp. 1-1
Author(s):  
Fan Zhang ◽  
Shaoyong Guo ◽  
Xuesong Qiu ◽  
Siya Xu ◽  
Feng Qi ◽  
...  
Keyword(s):  
Data Sharing ◽  
Distributed Data ◽  
Supervision Mechanism
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