Optimal Designment for the Incentive Mechanism among Multi-Task Principal-Agent
Tian Ying, PU Yong-jian · Industrial Engineering and Engineering Management · 2006
In this paper,the problem about optimal designment for the incentive mechanism among replaceable multi-task principle-agent is researched.Based on the optimal model,the comparative static analysis for the relative incentive intensity is done.The researchment show that the more important task suits the stronger incentive contract Similarity,the stronger incentive contract suits the more uncertain task.The more replacement between two task,the stronger incentive contract should give to the task which is more important or uncentain.