EQUITY VERSUS EFFICIENCY:A NEW PERSPECTIVE

Abstract

Abstract: Equity is the premise of efficiency,while efficiency is the result from equity;equity results in efficiency and efficiency reflects equity.So equity and efficiency are the two sides of the same token.Equity is the basic principle that is necessary for the market economy and the condition that makes the market economy efficient.

Key words: equity, efficiency, market economy

摘要： 公平是效率的前提,效率是公平的结果;公平产生效率,效率反映公平;公平与效率是一个硬币的两面。公平是市场经济必须遵循的基本原则,也是市场经济产生效率的基本条件。

关键词: 公平, 效率, 市场经济

CLC Number:

F014

CHEN Yong-jie. EQUITY VERSUS EFFICIENCY:A NEW PERSPECTIVE[J]. Economic Theory and Business Management, 2006, (5): 5-12.

陈永杰. 新公平/效率观——对公平与效率问题的重新审视[J]. 经济理论与经济管理, 2006, (5): 5-12.

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