摘要
讨论了在多阶段投资中,企业管理者与融资机构如何制定最优契约。
Risk management is an important issue.Because of information asymmetry, there is moral hazard. So agency wants to sign a contract to control principal choosing high risk. This paper shows the optimal contract in dynamic game with the supposition that the risk can be changed by people. By the game theory, we give the solution of optimal contract.
出处
《系统工程理论方法应用》
1999年第2期18-23,共6页
Systems Engineering Theory·Methodology·Applications
基金
国家自然科学基金