中文摘要：

应从行为经济学视野中的沉淀成本效应角度解释政府对大型国有企业软预算约束的行为，从而与新古典经济理性解释形成互补关系。这样，在软预算约束与公有产权结构、前后期投资不一致以及政策性负担等有关经济解释的基础上，从决策者心理效用角度考察过去发生的沉淀成本对软预算约束的影响，从而认为解决软预算约束根本在于补偿沉淀成本，克服决策者的沉淀成本效应。

英文摘要：

To explain the govemment＇s binding behavior on large state - owned enterprises form the angle of precipitating cost - effectiveness in economic field, then to shape complementary relationship with the rational explanation of neoclassical economics. Thus, on the base of economic explanation, such as, the soft budgetary re- straints ; the structure of publicly owned property right ; the different investment in the prior period and later peri- od; and policy burden, the recognize the precipitating effectiveness＇effect on the soft budgetary restraints again from the angle of psychological effects of policy - maker. Then we draw the conclusion that the principle of solving the soft budgetary restraints is based on overcoming the policy -maker＇s precipitating cost effectiveness.