The Pricing Mechanism of The Building Energy Efficiency Services based on Principal-agent Theory
Through selecting principal-agent theory to analyze the building energy efficiency services, this paper points out that the current contract pricing process does not fully consider the asymmetric information, there is no rational pricing mechanism adopted to avoid the adverse selection and moral hazard. We find that the specific risk assessment can be analyzed by the dynamic risk-sharing model. The risk assessment is determined by the risk characteristics of different project and the contractors’ risk aversion.
Qi ZHANG Ying-zong LIU
Department of Management, Renai College of Tianjin University, Tianjin, China Department of Management, Tianjin University, Tianjin, China
国际会议
长春
英文
436-438
2011-09-03(万方平台首次上网日期,不代表论文的发表时间)