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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...
In order to improve performance of enterprises, the mathematical analysis method is used to design an incentive mechanism for managers. Results show that constraint degree, supervision strength, supervision motive, incentive strength, incentive direction, incentive frequencies are main influencing factors. Therefore, measures should be taken to enhance strength of these factors.
Agents' speculation behaviors are series problems which need to be solved. Through mathematical models and game theory, this paper analyzes optimal incentive contracts between principals and agents under asymmetric information condition in order to solve the problems in establishing incentive mechanism for agents. The relationship between incentive and risk is discussed and the best equilibrium between...
Characterized with broad coverage area, long duration and no limit of national boundaries, recon-sat plays an important role in modern warfare. Taken visible light photoreconnaissance satellite as an example, recon-satpsilas target guidance principle is studied, mathematics models of target detection, immovable target guidance and movable target guidance are built. Based on above-mentioned study,...
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