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Assuming that the traffic administrative department is on behalf of public interest, a model of game theory was established to illustrate the moral risk of the franchised enterprise in the operation of highway. This paper thought that to bring the franchised enterprise under regulation and to improve the supply efficiency of highway, we must make efforts from the following three aspects. First, increase...
This article demonstrates the dilemma of the classic Boxed Pigs model, that is, ??Strong is always Strong, Weak is weaker??. Under these conditions, little and medium-sized enterprises (SMEs) will not be able to form their own core competitiveness. Thus, this paper put forward an amended Boxed Pigs model, which is, through the external incentives and the improvement of the game rules, to ultimately...
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