Wed Apr 6 10:06:18 EDT 2005
ABSTRACTS IN ECONOMIC HISTORY
(c) 2005 EH.Net
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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
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