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Weiying Zhang

    Re-Understanding Entrepreneurship
    Game Theory and Society
    Ideas for Chinas Future
    Re-Understanding Entrepreneurship
    The Origin of the Capitalist Firm
    • The Origin of the Capitalist Firm

      An Entrepreneurial/Contractual Theory of the Firm

      • 212bladzijden
      • 8 uur lezen

      Focusing on the entrepreneurial origin of capitalist firms, the book explores the asymmetric contractual relationships among capitalists, workers, managers, and entrepreneurs. It employs models to illustrate how assigning residual claims to entrepreneurs enhances incentives, how capital influences management selection, and how equilibrium relationships within firms depend on the distribution of abilities, wealth, and risk attitudes. Ultimately, it argues that capitalist firms are more efficient by ensuring that the most entrepreneurial individuals are in control, leading to better overall performance.

      The Origin of the Capitalist Firm
    • Re-Understanding Entrepreneurship

      What It Is and Why It Matters

      • 377bladzijden
      • 14 uur lezen

      Entrepreneurs play a crucial role in the market, yet mainstream economics often overlooks their impact. Weiying Zhang critiques neoclassical economics for its price-centric view, arguing that it leads to misconceptions about market functions and failures. By proposing an entrepreneur-centric paradigm, he emphasizes the market as a discovery and creative process, supported by historical and contemporary case studies. Zhang contends that a proper understanding of entrepreneurship can challenge the rationale for government intervention, ultimately fostering sustainable economic growth.

      Re-Understanding Entrepreneurship
    • Ideas for Chinas Future

      • 288bladzijden
      • 11 uur lezen
      4,0(1)Tarief

      Focusing on the transformative power of ideas, the book argues that China must embrace the right concepts to navigate its future reforms. It highlights the pivotal role of Deng Xiaoping's market-oriented reforms post-Cultural Revolution, illustrating how innovative ideas overcame entrenched interests. While acknowledging China's significant advancements in the past 40 years, it emphasizes the ongoing journey toward a liberal society. The text also underscores the importance of grassroots ideas alongside political leadership in driving long-term social change.

      Ideas for Chinas Future
    • Game Theory and Society

      • 424bladzijden
      • 15 uur lezen

      Focusing on the methodologies and core conclusions of Game Theory, this book explores their application to various social issues and institutional arrangements in China. It seeks to provide insights into enhancing cooperation among individuals, offering a systematic analysis that bridges theoretical concepts with real-world challenges.

      Game Theory and Society
    • Economics must shift from a price- to an entrepreneur-centric paradigm, forcing economists to rethink the fundamental faults of mainstream economics, helping scholars distinguish between entrepreneurial/managerial decisions, and ensuring governments realize that many interventionist policies are theoretically wrong and detrimental to the economy.

      Re-Understanding Entrepreneurship