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- W2385348821 abstract "The paper offers a general theoretical framework to analyze the rules, discretion and the dynamic inconsistency of policy as to the question Why people need to observe game rules in a decentralized economy?Although in our model ,we suppose the government and thd public to be two particular interests agents involved in dynamic decision making ,our conclusion reached in the paper can be applied to almost all dynamic edcision processes of interest resated people,under the theoretical framework of rational expectation.We hold that the common practice for conducting the economic policy is to select the best rules but not the optimal policies." @default.
- W2385348821 created "2016-06-24" @default.
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- W2385348821 date "2003-01-01" @default.
- W2385348821 modified "2023-09-25" @default.
- W2385348821 title "A Study on the Rules,Discretion and the Dynamic Inconsistency of Policy --A General Theoretical Framework and Its Applications" @default.
- W2385348821 hasPublicationYear "2003" @default.
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