Institutional design must be based on the compare between cost and benefit.
制度设置必须考虑成本与收益问题。
It is the logical value of institutional design. It is the approach of political civilization.
制度设计在逻辑上蕴涵了制度文明的价值追求，它是实现制度文明的基本途径。
It is the logical value of institutional design. It is the approach of political civilization.
制度设计在逻辑上蕴涵了制度文明的价值追求，它是实现制度文明的基本途径。
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