Junlin, LI; Tianyou, LI - In: Frontiers of Economics in China 3 (2008) 4, pp. 513-530
Using the reputation model of Kreps (1982), Vickers (1986) and Barro(1986), we develop a dynamic game model with incomplete information to examine the relations between the managers of state-owned enterprises(SOEs) in China and the government as the enterprise¡¯s owner. Employing the model, we...