The impact of negotiated exchange on trust and trustworthiness

Negotiated exchanges and trust problems can be regarded as two different forms of exchange, the former representing exchanges with negotiation and binding contracts, the latter representing asymmetric transactions in which one actor has the opportunity to deceive the other. Both forms of exchange have been extensively studied, but the two respective research traditions exhibit very little overlap. In this paper, we investigate the effects of negotiated exchanges in different network structures on the development of mutual trust. We derive hypotheses from various theories and test them by means of an experiment in which subjects first undertake a series of negotiated exchanges under different power conditions, and then face a trust problem with one of the actors that have been involved in the previous exchanges. The trust problem is operationalized by means of the Investment Game which allows us to look separately at trust and trustworthiness. Our results demonstrate that negotiated exchanges increase mutual trust, but not trustworthiness.     

人力资本投资风险及防范控制研究述评

本文介绍了人力资本投资效益、人力资本投资风险以及人力资本投资风险防范控制等方面的相关研究成果，对相关研究成果进行梳理和评述。该研究能为人力资本投资风险及防控的研究和实践提供基础和借鉴。     

The role of standards in the policy debate on the EU-US trade agreement

In the context of the public policy debate, we explore firm-level characteristics that influence firms’ preferences related to alternatives to harmonize standards within the Transatlantic Trade and Investment Partnership (TTIP). The options are the implementation of common standards, developed internationally or bilaterally, and mutual recognition. The empirical analysis is based on data from the German Standardization Panel. We identify three dimensions that determine firms’ preferences regarding the various harmonization solutions: (1) company-specific factors, such as size, industry and motives to apply standards, (2) the competitive environment, i.e. the position vis-à-vis other market participants, and (3) the technological environment, i.e. the dynamics of the market the company operates in.     

对印投资的政治风险及其法律应对措施

印度独立后,总体上对外资持欢迎态度,1991年实行自由化改革以来尤其如此。印度的政治制度、法律制度和经济制度有助于避免大规模政治风险的发生,但国有化和征收风险、汇兑风险、政府违约风险、战争和内乱风险在一定范围内仍然存在。外国投资者对印度投资,有必要采取适当的法律应对措施,以防止和消除政治风险,进而确保投资利润和目标的实现。     

Is Land Grabbing Always What It Is Supposed to Be? Large‐scale Land Investments in sub‐Saharan Africa

The term ‘land grabbing’ has recently attracted widespread, and sometimes agitated, attention, and its literature grows at exponential speed. At the same time, the concept remains little understood concerning both its meaning, magnitude and consequences and even who the grabbers are. Different attempts to define land grabbing appear to reflect ideological lenses and pre‐defined positions rather than a genuine ambition to find out what is actually going on. Based on a comprehensive literature review, this article aims at presenting a more nuanced understanding of this disputed topic and therefore a less biased account of what land‐grabbing and/or private investments in land represent.     

内蒙古自治区资本存量K的估算

在分析经济增长过程中,不可避免的要涉及对资本存量K的估算。近年来,国内外一些学者对中国的资本存量进行了估测,但由于在方法和细节处理上的差异,从而造成估算的结果存在很大的差距。对于我国民族地区而言,由于统计数据的缺乏,因而对资本存量进行估算则更加困难。本文基于现有研究成果和相关统计资料,对内蒙古1952-2003年间资本存量进行了估算,以弥补相关文献空缺。     

中国主权财富基金的现状与发展分析——以相互依存理论为视角

当前中国主权财富基金的发展牵涉到国与国之间的国家与市场关系,这其中既充满合作也带有竞争。从相互依存理论的角度出发,探讨中国主权财富基金从成立至今在政治与经济层面所获得的正面效益以及所遭遇的诸多问题,以对其未来发展提供参考借鉴。中国主权财富基金应通过对国外主权基金进行适度的防范、建立国际化人才培养机制、完善风险控制机制以及继续增加透明度等措施,对所面临的问题进行有针对性的改进,以使中国主权财富基金发挥更积极的影响。     

广西高师生个人教育投资与预期收益关系的调查研究——以广西师范学院为例

广西高师生个人教育投资与预期收益的关系研究旨在增强人们对个人高等教育投资和收益关系的理性分析和思考，促进学生对个人高等教育投资和预期收益的认识和理解，增强学生积极的就业观念，了解学生的现实需求和就业意愿。研究采取分层取样、问卷调查、文献研究的方法，选择广西师范学院2011级大三学生为研究对象，对广西师范学院学生家庭所在地、个人教育投资现状、广西高师生个人教育机会成本与预期收益和广西高师生个人教育投资与预期收益进行调查结果分析。通过调查研究，得出广西师范学院学生个人教育投资会增加预期收益的正相关的结论。广西高师生个人教育投资与预期收益的关系的调查研究把教育理论、经济理论与现实生活相结合，具有实用性、研究意义和价值。     

海外项目投资风险的规避

近年来，我国企业海外投资渐成风潮，因为风险控制不到位，大多数项目产生了亏损。海外投资的风险控制制度往往形同虚设。从投资风险的内涵、特征入手，对海外投资风险的表现形式进行了阐述，对我国企业海外投资存在的问题进行了详细的分析，最后，提出海外投资的防范策略。     

非标准审计意见对上市公司投资行为的影响

文章利用沪深两市A股非金融类上市公司2007—2015年数据,检验了非标准无保留审计意见(以下简称“非标意见”)对公司投资规模和投资效率的影响。结果发现,就投资规模而言,非标意见会导致公司投资规模显著降低;就投资效率而言,非标意见可以抑制公司的过度投资行为从而提高投资效率,但其也会加剧投资不足从而降低投资效率。因此,非标意见对投资过度和投资不足的影响是不同的。进一步研究表明,非标意见对投资的影响与公司产权性质、所在地区金融环境、融资约束有关。并且,非标意见对投资的影响具有长期性;此外,不同类型的非标意见对投资的影响是有差异的。其中,无法表示意见对投资的影响最为明显。