产出为Cobb-Dauglas函数的Holmstrom-Milgrom委托代理模型
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引用本文:刘敬伟,田戊戌,王振涛.产出为Cobb-Dauglas函数的Holmstrom-Milgrom委托代理模型[J].经济数学,2020,(2):73-79
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作者单位
刘敬伟,田戊戌,王振涛 (茅台学院 工商管理系贵州 仁怀 564500) 
中文摘要:Holmstrom-Milgrom模型是在委托代理理论一般化模型的基础上提出的一个简化模型,引入代理人的能力水平,将产出函数从一维的线性函数扩展到二维的非线性Cobb-Dauglas生产函数,分析求解了新的模型.与原模型相比,新的最优解中代理人的努力程度有所提高,风险成本有所降低,委托人的期望收益有所改善.
中文关键词:Cobb-Dauglas函数  委托代理理论  Holmstrom-Milgrom模型  帕累托改进
 
Holmstrom-Milgrom Principal-Agent Model with Cobb-Douglas Production Function
Abstract:Holmstrom-Milgrom model is a simplified model based on the generalized model of principal-agent theory. By introducing the ability level of agent, the output function is extended from one-dimensional linear function to two-dimensional nonlinear Cobb-Douglas production function, and the new model is analyzed and solved. Compared with the original model, in the new optimal solution, the agent's effort is increased, the risk cost is reduced, and the expected return of the principal is improved.
keywords:Cobb-Dauglas function  principal-agent theory  holmstrom-milgrom model  pareto-improvement
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