EH.Net Abstracts in Economic History

AEH: WORLD.INST: Monitoring the Monitor

Der-yuan Yang (deryuan at ccms.nkfust.edu.tw)

Wed Apr 6 10:06:18 EDT 2005

                ABSTRACTS IN ECONOMIC HISTORY
                     (c) 2005 EH.Net
-----------------------------------------------------------

Name: Der-yuan Yang
Email: deryuan at ccms.nkfust.edu.tw
Institution: National Kaohsiung 1st University of Science and Technology

Co-author: Horace Chueh

Title: Monitoring the Monitor

Internet Address of abstracted work: not available

By mail:
Department of Financial Operations
National Kaohsiung 1st University of Science and Technology
2 chuo-yueh rd
Kaohsiung, Taiwan

Language: English

Abstract:
Selfishness seems to be a character incompatible with integrity. 
However, the pursuit of one's own interests may be effective in 
inducing virtues. Distaste for punishments and passions for rewards 
appear to be part of human nature. Properly applying carrot and stick 
could make dishonesty or dereliction fruitless as well as enhance the 
operation of a regime. Some previous monitoring networks had been 
successful in deterring frauds. Two monitoring networks, one used by 
the Former Han Dynasty and the other by the British Navy, were 
renowned for their remarkable administration and victories, 
respectively. Analyzing these networks may shed light on the elements 
and practices of effective monitoring.


Bibliography: Yang, Der-yuan and Horace Chueh. "Monitoring the 
Monitor." National Kaohsiung 1st University of Science and 
Technology, Working Paper, 2004.

Subject: I
Geographical Area: 0
Country/Region: China, UK
Time Period: 0

-------------------------------------------------------
Visit the library of Abstracts in Economic History or submit your 
abstract at: http://www.eh.net/abstracts