Discussed implication of the property of not complete agreement, economy and generation matter, analysed property right to trade the best configuration problem with flow and property right efficiency.
论述了不完全合约的性质、经济含义和产生原因，并分析了产权交易与流动以及产权效率的最优配置问题。
Social security function is a main reason to the flow the rural land contract right compared with remnant property rights.
与产权残缺相比，土地的保障功能更可能是减少供给从而阻碍土地流转的主要原因。
Intellectual Property Right; Securitization; Risk; Cash Flow.
知识产权；证券化；风险；现金流。
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