Multi-Task Principal-Agent Analysis between Owner and Property Management Enterprise

摘要：

Principal-agent relationship between owner and property management enterprise is formed in the process of property management. Property management service is composed of multi-task, so the effort that property management enterprise imposes on its accomplished tasks is multi-dimension other than single-dimension. When both owner and property management enterprise are risk neutral,optimal incentive distribution has no relation with relativity of tasks, which is shared comparably by owner and property management enterprise; When owner is risk neutral, while property management enterprise is risk aversion,optimal incentive distribution has relation with relativity of tasks. It is helpful to analyze the multi-task relativity in property management service, which is able to improve the principal-agent relationship between owner and property management enterprise, reduce dissensions in property management and realize win-win of principal and agent.

关键词： Owner property management enterprise multi-task relativity principal-agent.

作者: Hongqun Cheng Shengnan Wei Xianjia Wang

作者单位: Economics and Management school Wuhan University Wuhan, Hubei, China

会议类型: 国际会议

会议名称: 2007 Conference on Systems Science, Management Science and System Dynamics(第二届系统科学、管理科学与系统动力学国际会议)

会议地点: 上海

会议语种:英文

页码: 277-284

在线出版日期: 2007-10-19（万方平台首次上网日期，不代表论文的发表时间）