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- W1988210610 abstract "Based on the assumption of public choice theory and incomplete contracts, this paper establishes a game theory model, discussing about the traffic administrative department's moral hazard in the operation mechanism of highway franchise - which is the enterprises' optimum strategy and the whole social revenue under the loss of the government's commitment. This paper argues that we should expand the transparency in the highway franchising operation and increase the cost of the government agents' rent-seeking, thus to regulate the government's dishonest acts." @default.
- W1988210610 created "2016-06-24" @default.
- W1988210610 creator A5010301436 @default.
- W1988210610 date "2010-01-01" @default.
- W1988210610 modified "2023-09-27" @default.
- W1988210610 title "On the Traffic Administrative Department's Moral Hazard in the Operation Mechanism of Highway Franchise Based on Incomplete Contracts" @default.
- W1988210610 cites W2007413532 @default.
- W1988210610 doi "https://doi.org/10.1109/ic4e.2010.83" @default.
- W1988210610 hasPublicationYear "2010" @default.
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