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In accordance with the game theory, the department of government energy management cannot fully control with the actual fund and the energy-saving effect of all types of building in incomplete information. This paper uses the theory of principal-agency to construct an effective incentive and punishment mechanism for the government management to the building owners' strategies. Analysis showed that...
As grocery shopping shifted from traditional to online environment, consumer logistics that shoppers once completed by themselves has been undertaken by E-Grocers(Online Grocers). Consequently the principal-agent relationship is built between online shoppers and E-Grocers due to the information asymmetry. The Principal-Agent Problem in this context was identified and explained by using the principal-agent...
With the rapid development of the national real estate industry, we are encountering an unprecedented engineering quality safety challenge in China, and it requires that we should establish the construction quality insurance system to conform to the situation. In order to resolve the moral hazard and adverse selection problems of the contractor in the construction quality insurance system, this article...
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