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Chinese Journal of Management Science ›› 1997, Vol. ›› Issue (4): 35-40.

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Study on the Principal-Agent Model of Moral Harzard

Ao Zhijun, Hui Yimin   

  1. School of Management, Beijing University of Aeronautics and Astronautics
  • Received:1997-05-16 Online:1997-12-28 Published:2012-03-06

Abstract: From thinkings of management, this essay first introduces theory of mechanism design, then branches off the content model of moral hanard of incentives to agent under new assumption,to and something out of salary, studies the principal——agentgets the conclusion with new meaning.

Key words: Multi-incentive, Principal-agent model, Management