Using error-control coding theory, we parallel the functionality of the translation of mRNA into amino acids to the decoding of noisy parity streams that have been encoded using a convolutional code.

• 现代企业的所有权与管理权已经分离，管理企业的经理人极大化个人效用而非拥有企业的股东效用因此发生代理问题，产生代理成本，企业成本未达极小化。