Proceedings of the 2026 11th International Conference on Financial Innovation and Economic Development (ICFIED 2026)

Research on the Role Mechanism of Market Mechanism and Government Regulation in Resource Allocation

Authors
Huijun Wang1, *
1University of Wisconsin-madison, Madison, 53703, USA
*Corresponding author. Email: whj13264054939@163.com
Corresponding Author
Huijun Wang
Available Online 29 April 2026.
DOI
10.2991/978-94-6239-642-5_29How to use a DOI?
Keywords
Market mechanism; Government regulation; Resource allocation
Abstract

The mechanisms of market mechanisms and government regulation in resource allocation are the subjects of this study. This paper explores their interrelationships and mechanisms of action in the process of resource allocation. It first analyzes the basic principles and advantages of the market mechanism, such as the price mechanism, competition mechanism, and supply and demand mechanism, and elaborates on its role in improving resource allocation efficiency. It then examines the necessity and main means of government regulation, including macro-control, industrial policy, and fiscal and taxation measures, and discusses its functions in addressing market failures, ensuring social equity, and promoting sustainable development. The paper further analyzes the complementary relationship and coordination between market mechanisms and government regulation, emphasizing their joint role in achieving optimal resource allocation, supported by case studies and data.

Copyright
© 2026 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2026 11th International Conference on Financial Innovation and Economic Development (ICFIED 2026)
Series
Advances in Economics, Business and Management Research
Publication Date
29 April 2026
ISBN
978-94-6239-642-5
ISSN
2352-5428
DOI
10.2991/978-94-6239-642-5_29How to use a DOI?
Copyright
© 2026 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Huijun Wang
PY  - 2026
DA  - 2026/04/29
TI  - Research on the Role Mechanism of Market Mechanism and Government Regulation in Resource Allocation
BT  - Proceedings of the 2026 11th International Conference on Financial Innovation and Economic Development (ICFIED 2026)
PB  - Atlantis Press
SP  - 281
EP  - 286
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6239-642-5_29
DO  - 10.2991/978-94-6239-642-5_29
ID  - Wang2026
ER  -