以下为句子列表:
英文: Contract incompleteness might lead to overinvestment when the investment is unobservable and cooperative (the buyer's value of the good depends on the seller's investment), and the players have asymmetric information during the bargaining (the buyer has p
中文: 本研究发现,当投资为合作的(如买方所要买的物品,因卖方的投资而有较好的品质),而且在投资后的谈判中,买卖双方所拥有的资讯并不对称时,不完全契约的环境可能造成过度投资。
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英文: So, the only way to get rid of overinvestment is to turn the functions of local governments into reasonable ones as soon as possible, i.e., to make the scientific view of development come true.
中文: 为此,只有尽快地转变地方政府的职能,才能切实地落实科学发展观,从根本上避免投资过热的发生。
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英文: This is not to deny that China has seen overinvestment in some sectors, such as steel and cars.
中文: 这并不是要否认中国已经在一些行业,如钢铁业和汽车业,存在过度投资。
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