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澳门赌牌与软预算约束

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。

obiakobiak@obiak

Soft Budget Constraints: From Kornai to Jia Yueting, Incentive Distortions

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

odusodus@odus

Gaming Table Quotas: Asset Management Code Under the 6,000-Table Cap

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

obiakobiak@obiak

Ng Shih-jung and Wong Kum-ching: the tragic bankruptcy of angel investors

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

odusodus@odus

The Etymology of Bank: Chinese Building Blocks vs. English Snapshots in Word Formation

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