Game Dynamic Analysis about Incentive-Work-hard between Stockholder and Executive under Complete Information
Tang Xiao-wo · Zhongguo guanli kexue · 2004
An incentive-work-hard analyzing game model between stockholder and executive is founded based on the firm's achievement linearizing model and motive linearizing model in this paper.The dynamic equilibrium of game model under complete information is discussed.The executive's work-hard variable and stockholder incen-tive's variable are explained and the selected scope and interrelationship about these variables are analyzed fargo-ing.Some useful references for designing executive's motive mechanism are given.