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香港翻译公司关键字：market毕业论文翻译成英语文章, even if all the investment英文论文翻译费用多少钱 without a repeat, all "single building" , the investment英文论文翻译费用多少钱 will be "expensive" was unable to recover. China Telecom's business is insufficient, the key is not anything else, is the monopoly charges too expensive. "Government of national basic telecommunications network翻译毕业论文公司哪里有最权威" reason does not work翻译毕业论文公司哪里有最权威, the crucial point is that there is no unified government monopoly, it is impossible endogenous mechanism for a competitive price. In order to break the monopoly, we should encourage the separation and competition, it will inevitably have to come a little duplication. This argument is, as long as the duplication of the "cost" less than the expected price effect of competition, "income", for society is a cost-effective.Property and duplicationIn fact, there is no way to calculate the social and open competition after the total of the "expected return." Above speak "to a little duplication", or the side to keep talking about the macro a "moderate duplication," strict scrutiny, meaning all ambiguities. In an open competition system, the duplication of costs were made by various investors, but also future earnings are expected by these investors. Thus, at least in theory, increase the total expected future earnings may well not worth the sum of the cost of duplication. I believe this is what people talk at length about the "excessive competition." This excessive competition, or strictly speaking, the expected return is lower than competing duplication costs, is it not a waste of social resources, should be strictly controlled by the government do? Perhaps some will ask: Since you advocate allowing the telecommunications industry, competition in the market毕业论文翻译成英语文章, then how do you solve extremely expensive telecom infrastructure investment英文论文翻译费用多少钱s because of excessive competition and the enormous waste it?My answer is: the crucial point is that property rights system. If the main body of investment英文论文翻译费用多少钱 property boundaries are clear, investors have to bear the full consequences of investment英文论文翻译费用多少钱 behavior. Voted for, and achieve the expected benefits outweigh the investment英文论文翻译费用多少钱 costs, investors get a positive return on investment英文论文翻译费用多少钱; voted wrong, down the drain, but also by the creditors by liquidation. The property rights system, is used to bind the decentralized investment英文论文翻译费用多少钱 system, duplication "excessive" problem. That is, although not completely英语论文翻译公司 decentralized investment英文论文翻译费用多少钱 system to eliminate the "error of duplication", but it is the responsibility of property bound by the impulse to invest: the wrong expected to bear the consequences of error. The property rights regime, coupled with learning mechanism, decentralization of investment英文论文翻译费用多少钱 "mistakes" is convergent, it can be controlled in a socially acceptable level. Central planning approach is to eliminate
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