从澳门赌牌制度与葡京酒店兴衰切入,延伸至软预算约束理论在贾跃亭、许家印等案例中的体现。
Xu Jiayin and the three-high model of soft budget constraints;Comparing Jia Yueting and Xu Jiayin's soft budget constraints;Jia Yueting's incentive structure and soft budget constraints
Henry Fok's control game over the STDM concession;Macau's gaming oligopoly and geopolitical balance;Gaming table quota allocation and the mystery of vacancies
Sun Yat-sen’s dead end in Penang and the Penang Conference;The bankruptcy and tragic fate of Ng Shih-jung and Wong Kum-ching
The Essential Difference Between Local Governments and Investment Banks;Transition from Land Finance to Equity Finance;Bank Naming: The Logical Conflict Between Bench and Silver