"Everyone of our generation can conduct research regardless of their academic level." Li Rui pointed to the attic postings everywhere, and said with a serious expression: "These are some economics and management problems encountered by the sect in recent years. These problems are found in the sect's notice board. But according to convention, you need to copy them to me before publishing them. As long as you can solve any of these problems, don't worry about contributions to the sect in the next few years, and you will have the opportunity to get other additional rewards!"

As he said that, Li Rui raised his hand, and a pile of notices on the ground fell into Lu Yang's hands without wind.

Lu Yang looked down and saw that the stack of notices was full of various problems, most of which belonged to the category of economics and management, and each problem was very practical and specific.

"I urgently seek a new algorithm for the allocation of sect contributions, mainly used in the performance appraisal of logistics departments..."

"Analysis on the advantages and disadvantages of direct sales and franchise models in the Cultivator Market..."

"How to establish a reasonable incentive and constraint mechanism for expatriate personnel to achieve consistency between personal interests and sect interests..."

"I'm eager to find solutions to several serious problems that have emerged in private transactions between sect disciples recently..."

......

The problems in the attic were all-encompassing, which made Lu Yang a little dazzled for a moment.

Many of the problems here are actually classic problems in the economics and business circles, and there are already mature solutions on the earth.

However, all the problems Lu Yang's hands are covered with a shell of the world of cultivation, and Lu Yang does not understand the specific operation details of the world of cultivation, so it is difficult to correspond these problems with classic cases on earth one by one for a while.

However, just browsing these questions can make Lu Yang have a deeper understanding of this cultivation society.

Flipped the notice in his hand, he couldn't help but be fascinated.

Lu Yang carefully checked the appearance of these announcements, and Li Rui nodded with satisfaction: "As long as you can solve some of these problems, you can take away the corresponding notices and find the seniors who posted the problems to provide solutions. Once your solution is proven to be effective, not only will the sect reward you, but may also be recognized by the way of heaven and bring merit to the body. My five merit golden wheels are also accumulated bit by bit by bit by bit by bit by bit by bit by bit by bit."

Hearing Li Rui's words, Lu Yang suddenly became interested.

He is a useless person in cultivation, but when it comes to solving theoretical problems, his advantage as an earthling is too great!

Seeing Lu Yang's eagerness to try, Li Rui couldn't help but smile and said, "You don't have to hurry up. If you encounter a problem you are interested in, you can take it from me and study it slowly. Today, please ask Xiao Mo to come, mainly to discuss credit monetary policy with you..."

Before Li Rui finished speaking, Lu Yang had already found a very interesting question from a large number of notices.

He pointed to a notice and said, "I can solve this problem!"

Lu Yang's words not only shocked Mo Yunlan, but even Li Rui, who was used to the strong winds and waves, could not help but be stunned.

The reason why these announcements can still be left in this attic is because no one can solve these problems for a long time.

Li Rui's original intention was to take Lu Yang to see these sect problems first and make him familiar with the situation. Unexpectedly, Lu Yang only glanced around and claimed that he could solve a problem of cultivation that no one could solve for the time being.

Li Rui and Mo Yunlan looked in the direction of Lu Yang's finger and found that this was a problem published by the "sect management" lineage, and it was personally published by Luo Shen, a great monk in the Nascent Soul stage:

"A lot of money to solve: Due to the difference in information between the two parties, there have been great difficulties in the transaction of magic weapons between low-level disciples of the Wuliang Sword Sect.

As we all know, most of the magic weapons in the sect are refined by a few weapon refiners who are proficient in refining weapons in the lineage of the Supreme Elder Pan Heng, and have a high professional threshold.

There are many types of magic weapons for cultivators. Due to the influence of smelting methods, fire control, use of materials, refining skills, spiritual energy fluctuation frequency, changes in the four seasons, even if it is refined by the same weapon refiner, there is almost no identical magic weapons.

Therefore, not to mention ordinary sect disciples, even professionals, it is difficult for them to easily judge the advantages and disadvantages of magic weapons produced by other weapon refiners, which leads to serious information asymmetry.

In this context, the seller of the magic weapon (the weapon refiner) has a more comprehensive understanding of the quality of the magic weapon. Especially for the defects and durability of the magic weapon that cannot be reflected in time, the seller naturally has the motivation to conceal and exaggerate it.

The buyer cannot judge the true value of the magic weapon through trial use, nor can he fully accept the seller's statement. The product information is at a comprehensive disadvantage and can only quote through the average price of the magic weapon in the market.

However, there are both good and bad magic weapons. For the average price, a weapon refiner who provides high-quality and good magic weapons will naturally suffer losses. A weapon refiner who provides bad magic weapons can make a profit.

Therefore, high-quality and good magic weapons will gradually withdraw from the market. The average quality of magic weapons traded in the market will decrease. Because of this, the monks who purchase magic weapons will expect the average quality of magic weapons produced by the sect to decrease, and the price they are willing to pay will be lower. In this way, the weapon refiners will force the weapon refiners to choose worse materials and use simpler techniques to produce poorer magic weapons in order to make profits.

In extreme cases, monks who buy magic weapons will think that all magic weapons on sale are of extremely low quality, and even when facing a good magic weapon with a higher price, they will be skeptical. In order to avoid being cheated, the buyer finally chooses to buy inferior magic weapons with a relatively low price, and is only willing to trade them. In this way, there is a serious phenomenon of bad money driving out good money in the entire Wuliang Sword Sect magic weapon market."

After seeing this problem, Mo Yunlan also added: "The problem of bad money driving out good money in the market is already a difficult problem for the sect. Now many disciples who specialize in refining weapons even specialize in creating inferior magic weapons to put them into the market. The magic weapons made by these unscrupulous disciples try their best to cut corners, just to make people unable to see the problem at first glance. Some magic weapons even fail in less than a year of use, which is simply a huge joke, and they lose all the face of the Wuliang Sword Sect."

Li Rui was also interested and said, "You can actually solve this difficult problem?"

After hearing this, Lu Yang curled his lips. Isn’t this the famous “lemon market” problem on the earth!

In 1970, 31-year-old famous economist George Akerrov published a paper titled "Lemon Market: Quality Uncertainty and Market Mechanism", which elaborated on this issue in detail.

With this paper, he also won the 2001 Nobel Prize in Economics, laying the foundation for "asymmetric information game".
Chapter completed!