A Study on Agriculture Moral Risk Model Based on Asymmetric Information Gaming
Chunnian Liu, Yiyun Huang -, Xueming Zhang - · International Journal of Digital Content Technology and its Applications · 2012
This paper constructed a moral risk model between the local government and the central government, and designed a incentive contracts that is corresponding for the preferences both of the central government (the client) and the local government (the agent) so as to realize the maximization of the client pays and improve the government agricultural public risk management efficiency.