Recently, Shanghai University of Finance and Economics was approved for three Key Special Projects by the National Natural Science Foundation of China, including the project led by our Dean, Professor Yahong Zhou, titled Modeling and Simulation Optimization of Strategic Interactive Behavior in Policy Pilot Reform .
The report of the 20th National Congress of the Communist Party of China clearly states that at the critical period of starting the comprehensive construction of a modern socialist country, new breakthroughs should be achieved in high-quality economic development, significant progress should be made in building a new development pattern and a modern economic system, new steps should be taken in reform and opening up, and the modernization of the national governance system and governance capabilities should be deeply advanced.
With the continuous improvement of the national institutional construction, China's policy reforms have gradually shifted from partial incremental changes to comprehensive deepening of reforms, and have also emphasized the systematic, holistic, and coordinated nature of the reform implementation process. Among them, policy piloting, as an important way to implement reforms in the process of Chinese modernization, plays an active role in promoting China's economic development and is highly valued by the Party and the central government. Effectively playing the exemplary, breakthrough, and leading role of policy piloting in overall reforms is a crucial link in the process of Chinese modernization. However, due to factors such as information friction and interest conflicts, the strategic interactive behavior of participating entities in the pilot process has become increasingly prominent, leading to deviations between top-level design and practical operations, and restricting the maximization of policy effects. This project attempts to analyze from the perspective of China's policy pilot reform, dialectically view the practical issues in policy pilot reform, extract the typical characteristics of strategic interactive behavior in policy pilot reform, strengthen the goal coordination of multiple entities in the pilot implementation and execution process through incentive compatibility mechanism design and simulation, and systematically extract a set of interpretable, solvable, reference-able, and expandable normative theories and application frameworks for China's policy pilot reform.
