An Informational Solution to Principal-Agent Moral Problems
Zhang Xi-zheng · Systems Engineering · 2002
This paper proposes an informational solution to principal-agent problems. For principal-agent moral hazard problems spring from asymmetric information, IS(information system) should be the primary technology step in solving these problems. So the paper considers an effective IS helping to keep away or cut down the principal-agent moral hazard problems. This conclusion means a lot in our state-enterprise information system constituting and management.