A Study on the Hypothesis of Rational People in New Institutional Economics——Take the Fight Against COVID-19 as an Example
"Bounded rationality"is the premise assumption of Institutional economics,especially New in-stitutional economics.The reasons for"Bounded rationality"and"dilemma of collective action"include that each individual in society has different preferences,and individual rationality cannot be effectively transferred to collective rationality;The phenomenon of"free riding";The existence of social"special in-terest groups";Reasons such as"managerial opportunism"by government managers,etc.The COVID-19 epidemic is mainly the"Externality"phenomenon in the"Market failure".Taking the fight against"COVID-19 epidemic"in the world as a case,it proves that"Bounded rationality"is more in line with the characteristics of the"real world".
The Fight Against"COVID-19 Epidemic"Institutional EconomicsBounded Rationality
万方数据
