Price regulation can promote social fairness
August 14, 2020 09:13 Source: "China Social Sciences", August 14, 2020, 1989th Author:

Comprehensive foreign media reports recently,An issue of official website of Northwestern University of the United States,from the school and Harvard University、Research team found by researchers from Stanford University,In some cases,Compared with the free market policy,Price control is more advantageous in solving problems,Especially in the situation of social inequality。This conclusion challenges the classic hypothesis of classical economics,That is, the bet365 best casino games competitive market is the best way to allocate social resources。Related papers "Reconstruction through the Market" is about to be published on the recently published "Econometrica" ​​(Econometrica)。

Piotr DWORCZAK, an assistant professor at Northwest University Economics Assistant Professor Piotr DWORCZAK,People can often see policies for regulatory agencies to implement price control and other market functions。For example,Local housing regulatory agencies should ensure that certain housing is "rent control",in order to solve housing difficulties for low -income groups。Another common example is the minimum wage standard,bet365 live casino games This is a form of the price control of the labor market。Classical Economics Theory Consid by,This type of regulatory measure is not the best policy,But research indicates,They can actually become the optimal solution。

Researchers pointed out,When the problem of unequal society is prominent,Related policy makers can implement price control in a specific market field to achieve the purpose of re -distribution。The behavior of market participants can help determine which group of people need help,Therefore, this policy has special advantages in terms of re -distribution。

Associate Professor of Harvard University of Business Administration, Scott Duke Kominers, Bet365 lotto review believes,Although not all times should interfere in the market,But in many cases,This is indeed a good solution,Especially when the inequality between market participants is very prominent。

Assistant Professor of Economics at Stanford University Mohammad Akbarpour, said,I hope that the study can make the relevant US housing subsidy、The debate of the minimum wage and food vouchers has become more practical。At the same time,He expects emerging enterprises to be inspired by this study,Increase the sense of social mission,Except for the pursuit of profit,Considering deeper social goals in the development plan of the enterprise。

bet365 live casino games Dewolchak further expressed,This study indicates,The balance point is exist,At least theoretically,We can reconstruct the market in a way to promote fairness。(Chen Yutong/Compilation)

Editor in charge: Cui Cen
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