Abstract
It is the extreme rich connotations of the generalized transaction that the bargaining game could be associated with the general logics of human social behaviors. The core mechanisms is just what the bargaining theory wants to disclose. Only the transaction concept is expanded to the generalized transaction of political economics, can the related law of social science do appear naturally.
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- 1.
duo to the outstanding contribution of Kornai (1980), the related arguments could be omitted here. Details are introduced in Chap. 2, the analysis of Institutional Defect of the Planned Economy.
- 2.
The “half-to-half” is a simplified saying, which shall be a solution neither (1, 0) nor (0, 1).
- 3.
This is a figurative analogy to Deng Xiaoping’s support for the “reform and opening up” of the SAR experiment, which is also the lyrics of a popular song that sung.
- 4.
Details can be referred in related memories and statements of Biography of Yuan Geng … Reform Site: 1978–1984 (Tu Qiao, 20080301, Writers Publishing House).
- 5.
Selected works of Deng (1978): Free our minds, seek truth from facts and unite as one: People’s Publishing House.
- 6.
As the elitism thought is beyond the scope of the book, we omitted the related discussions even though it was always occur in practice of China’s social reform and also the focus point of some scholars.
- 7.
“A Crash Course in Implementation Theory,” by Matthew Jackson: Social Choice and Welfare 18. (2001), 655–708.
- 8.
Here, the dictatorship solution emphasizes on the external trait of its up-to-down extremity. Actually, it has various forms, such as kind-hearted dictatorship, wise dictatorship, elite dictatorship, violent dictatorship and even majority dictatorship to the minority (see Machiavelli, Chinese version of the Prince 1985; Thomson 1994).
- 9.
Since we can make general hypothesis that the common “rich second generation” and “officials second generation” who ignore others’ life value in China’s society are related with social values of the first generation and is the consequence of poor family education. This book only gives a simple description.
- 10.
Simple Nash product refers to that indexes of two product factors are equal and value 1, which means the Nash equality concept. Indexes of the generalized Nash product are unequal.
- 11.
Institutionalization of private property is not the key point of this book. We remind readers that according to the yearbook of State Statistics Bureau, property of private economy in the gross volume of enterprises of national economy exceeded 50% in 2006 and quantity also exceeded 80%.
- 12.
Details can be referred to related contents of Binmore (2005). Related contents are discussed in Definition 9.3.
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Tong, Y. (2017). Practice Explanations of the Bargaining Institutional Reform of China. In: Parse of China. Springer, Singapore. https://doi.org/10.1007/978-981-10-4479-3_9
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DOI: https://doi.org/10.1007/978-981-10-4479-3_9
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