Analysis of Incentive and Supervisory Control for Project Supervision under Asymmetric Information
XIANG Yong~
DOI:10.11835/j.issn.1674-4764.2005.06.026
Received ,Revised June 30, 2005, Accepted , Available online July 01, 2015
Volume ,2005,Pages 113-116
- Abstract
Under the asymmetric information,the owner undertakes moral risk,which is caused by supervisor in the case of project supervision.This paper analyzes the benefit conflict while entrusting because of asymmetric information,discusses how to bring incentive and supervisory control mechanism into project supervision entrust-contract by mathematics model.Then,the design and improvement of the supervision reward in contract are discussed.