Full-Text Search:
Home|Journal Papers|About CNKI|User Service|FAQ|Contact Us|中文
《Journal of Highway and Transportation Research and Development》 2009-05
Add to Favorite Get Latest Update

Research on Governance Mechanism of Substitute Expressway Owner against Opportunism Behavior of Agent

ZHAO Wenyi,WANG Xuancang (School of Highway,Chang'an University,Xi'an Shaanxi 710064,China)  
The connotation of management mode of substitute project and basic logic of principal-agent theory in information economics were introduced.Incentive mechanism model of governance of substitute expressway owner to opportunism behavior of agent was established.The analysis results show that(1)when influence coefficients of effort cost coefficient of substitute expressway owner,social supervision coefficient and opportunism behavior of agent to investment surplus keep unchangeably,agent effort degree can be improved and opportunism behavior of agent can be decreased under improvement of sharing coefficient of agent investment surplus,and vice versa;(2) with the variations of agent effort cost coefficient,social supervision coefficient and opportunism behavior of agent to influence coefficient of investment surplus,absolute risk elusion of agent and variance of exogenous indeterminacy,optimal sharing coefficient of agent to expressway investment surplus should be adjusted,meanwhile,optimal choice action of agent can be changed simultaneously.
【Fund】: 交通部西部交通建设科技资助项目(200531881213);; 陕西省交通科技资助项目(06-03R)
【CateGory Index】: F542
Download(CAJ format) Download(PDF format)
CAJViewer7.0 supports all the CNKI file formats; AdobeReader only supports the PDF format.
©2006 Tsinghua Tongfang Knowledge Network Technology Co., Ltd.(Beijing)(TTKN) All rights reserved