Creative delinquency or destructive selfishness?
研究两家成本不同、道德标准不同的企业在政府规则下的产量与违规程度选择,发现企业为自利而违规,但规则不公有时能提升总剩余,并给出最优惩罚策略。
We study two competing firms with different production costs and moral standards making decisions to sell their products in the market by choosing their optimal production quantities and degrees of disobedience of a guiding rule imposed by a regulatory authority such as the government. We model this problem as a Cournot–Nash game in which. We introduce rules unfairness as a behavioural factor at work. We answer the questions of why firms disobey rules and to what degree and what are the effects of such actions. Our results show that firms disobey the rules for self-interest and harm other incentives. The case when the firms’ disobediences can improve the total surplus (sum of their profits) is referred to as creative delinquency, whereas destructive selfishness refers to situation in which one’s behaviour only benefits self and leads to a decreased total surplus. Our results indicate that rules unfairness could be beneficial in some cases. Finally, our derivation of the optimal decision rules allows a regulatory authority to put into effect a coordinated punishment strategies that can benefit one firm or both firms.