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2024 | OriginalPaper | Chapter

1. Information Costs, Limited Reasoning Ability and Simplifying Planning: A Theoretical Explanation of Traditional Chinese Planning Structure

Author : Jun Zhang

Published in: Reform, Transformation and Growth

Publisher: Springer Nature Singapore

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Abstract

Over the past 40 years, the development of modern economics has been promoted thanks to many basic assumptions being modified.

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Footnotes
1
[US] Egon Neuberger, William Duffy, et al. (1985a).
 
2
[US] Egon Neuberger, William Duffy, et al. (1985b).
 
3
Ibid, pp.192–193.
 
4
Ibid, pp.192–193.
 
5
Lyons (1987).
 
6
For the matrixes used here and later on, I consulted works of input–output economics and T. Lyons’ work mentioned above.
 
7
This paper can also assume that ownership is an “exogenous variables” of simplification of planning. How to decide the scope of the state ownership cannot be explained by the theory of simplification of planning of this paper.
 
8
Zhou (1984a).
 
9
Zhou (1984b).
 
10
Zhou (1984c).
 
Literature
go back to reference [US] Egon Neuberger, William Duffy, et al: Comparative Economic System – A Comparison from the Viewpoint of Decision, tr. Wu Jinglian, pp. 192, Beijing, Commercial Press, 1985. [US] Egon Neuberger, William Duffy, et al: Comparative Economic System – A Comparison from the Viewpoint of Decision, tr. Wu Jinglian, pp. 192, Beijing, Commercial Press, 1985.
go back to reference [US] Egon Neuberger, William Duffy, et al: Comparative Economic System – A Comparison from the Viewpoint of Decision, tr. Wu Jinglian, pp. 90, Beijing, Commercial Press, 1985. [US] Egon Neuberger, William Duffy, et al: Comparative Economic System – A Comparison from the Viewpoint of Decision, tr. Wu Jinglian, pp. 90, Beijing, Commercial Press, 1985.
go back to reference T. Lyons, Economic Integration and Planning in Maoist China, Columbia University Press, New York, 1987, pp. 206-207.CrossRef T. Lyons, Economic Integration and Planning in Maoist China, Columbia University Press, New York, 1987, pp. 206-207.CrossRef
go back to reference Zhou Taihe: Economic Institutution Reform in Contemporary China, pp. 295–308, Beijing: Chinese Social Sciences Press, 1984. Zhou Taihe: Economic Institutution Reform in Contemporary China, pp. 295–308, Beijing: Chinese Social Sciences Press, 1984.
go back to reference Zhou Taihe: Economic Institutution Reform in Contemporary China, pp. 298, Beijing: Chinese Social Sciences Press, 1984. Zhou Taihe: Economic Institutution Reform in Contemporary China, pp. 298, Beijing: Chinese Social Sciences Press, 1984.
go back to reference Zhou Taihe: Economic Institutution Reform in Contemporary China, pp. 74–75, Beijing: Chinese Social Sciences Press, 1984. Zhou Taihe: Economic Institutution Reform in Contemporary China, pp. 74–75, Beijing: Chinese Social Sciences Press, 1984.
Metadata
Title
Information Costs, Limited Reasoning Ability and Simplifying Planning: A Theoretical Explanation of Traditional Chinese Planning Structure
Author
Jun Zhang
Copyright Year
2024
Publisher
Springer Nature Singapore
DOI
https://doi.org/10.1007/978-981-99-5712-5_1

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