On the Relations Between Mechanism Design Theory and Corrupt Risk Prevention and Control
Sun-jun Huang · Journal of Fujian Administration Institute · 2010
The mechanism design theory is a theory whether to design a set of mechanisms(rule or system) to achieve the given objective under the condition of the free choice,the voluntary exchange,incomplete information and decentralized policy-making.To design a set of good mechanism,it needs to satisfy three conditions: Pareto improves,the information efficiency,incentive compatibility.While in the reality simultaneously meeting the situation was rarer,if the above two conditions were satisfied,it can be regarded as good mechanism.The paper discussed the relations between Pareto improves and corrupt risk prevention and control,the information efficiency and corrupt risk prevention and control,incentive compatibility and corrupt risk prevention and control.