Title: Analysis on motivation mechanism for agents under asymmetric information condition
Abstract: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 f...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 agent's 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.Read More
Publication Year: 2010
Publication Date: 2010-10-01
Language: en
Type: article
Indexed In: ['crossref']
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