Scenario analysis of enterprise annuity supervision in China

Xuezhou Zhang, Kai Qiao, Peiwu Dong

    Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

    Abstract

    This paper studied the supervision of the enterprise annuity in China by the method of scenario analysis. Since supervision is closely related to the benefit distribution among the main participants of enterprise annuity, we present a game model to optimize the benefit distribution firstly. By calculating the model, we get the equilibrium solution of the game and find out the best probability of rent-seeking behavior. Then, we introduce a new method, scenario analysis to do the further research. Combining the game model and the method, we choose two factors, the penalty coefficient f1 and f2, as example to simulate scene. According to the scene simulated, we find that, as shown in Figure 1 and Figure 2, increasing the penalty coefficient f1 and f2 can ease the rent-seeking behavior. However, as the penalty coefficient f1 and f2 become larger, increasing them is no longer an effective way to prevent rent-seeking behavior.

    Original languageEnglish
    Title of host publicationInternational Conference on Logistics, Engineering, Management and Computer Science, LEMCS 2014
    PublisherAtlantis Press
    Pages1046-1050
    Number of pages5
    ISBN (Electronic)9789462520103
    DOIs
    Publication statusPublished - 2014
    Event2014 International Conference on Logistics Engineering, Management and Computer Science, LEMCS 2014 - Shenyang, China
    Duration: 21 Dec 2013 → …

    Publication series

    NameInternational Conference on Logistics, Engineering, Management and Computer Science, LEMCS 2014

    Conference

    Conference2014 International Conference on Logistics Engineering, Management and Computer Science, LEMCS 2014
    Country/TerritoryChina
    CityShenyang
    Period21/12/13 → …

    Keywords

    • Benefit distribution
    • Enterprise annuity fund
    • Game theory
    • Scenario analysis
    • Supervision

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