Dynamic incentive mechanism on performance comparison

被引:0
|
作者
Liu, B [1 ]
Yan, SW [1 ]
机构
[1] Hebei Univ Technol, Sch Management, Hebei 300130, Peoples R China
关键词
performance comparison; dynamic incentive; reputation effect; ratchet effect;
D O I
暂无
中图分类号
T [工业技术];
学科分类号
08 ;
摘要
Comparative Performance Information (CPI) can improve the incentives and efficiency in principal-agent relationships. To design the incentive mechanism, we not only regard the agent's former performance, but also refer to the other agents' performance. The agent's effort comes form the explicit incentive and two implicit incentives (the reputation effect and ratchet effect). This paper uses Game theory to study dynamic incentive mechanism on performance comparison.
引用
收藏
页码:492 / 496
页数:5
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