Analysis on Motivation Mechanism for Agents under Asymmetric Information Condition
Design on motivation mechanism for agents is an important problem in management science. The incentive model under asymmetric information condition is discussed through contract theory. The research finds that the effect of incentive is closely related to the agents working ability, the degree of risk averse, uncertainty of the work and endeavor cost. It can be found that the yardstick competition may improve the incentive contract. Finally, some advices about motivation mechanism for agents are given that help agents work hard for principals.
asymmetric information motivation mechanism contract mathematical model
Xu Yanli LIU Dan
School of Management Harbin Normal University Harbin, P.R.China, 150025
国际会议
太原
英文
556-559
2010-10-22(万方平台首次上网日期,不代表论文的发表时间)