In this paper,we propose an iterative algorithm to find the optimal incentive mechanism for the principal-agent problem under moral hazard where the number of agent action profiles is infinite,and where there are an i...In this paper,we propose an iterative algorithm to find the optimal incentive mechanism for the principal-agent problem under moral hazard where the number of agent action profiles is infinite,and where there are an infinite number of results that can be observed by the principal.This principal-agent problem has an infinite number of incentive-compatibility constraints,and we transform it into an optimization problem with an infinite number of constraints called a semi-infinite programming problem.We then propose an exterior penalty function method to find the optimal solution to this semi-infinite programming and illustrate the convergence of this algorithm.By analyzing the optimal solution obtained by the proposed penalty function method,we can obtain the optimal incentive mechanism for the principal-agent problem with an infinite number of incentive-compatibility constraints under moral hazard.展开更多
As the builders and successors of the construction of socialism with Chinese characteristics, college students＂ ideological and political education level influences the socialist construction. Colleges＇ ideological ...As the builders and successors of the construction of socialism with Chinese characteristics, college students＂ ideological and political education level influences the socialist construction. Colleges＇ ideological and political educators should have a clear teaching goal, and sort out their own teaching ideas, constantly updating and reforming the education mode. Based on the problems existing in the college students＇ ideological and political education, this paper will put forward the corresponding reform measures to ensure the ideological and political education work to go on smoothly.展开更多
The optimization investment policy decision of SCM-Supply Chain Management-implementation has been analysed under symmetric and asymmetric information conditions. For both conditions, SCM implementation options’ deci...The optimization investment policy decision of SCM-Supply Chain Management-implementation has been analysed under symmetric and asymmetric information conditions. For both conditions, SCM implementation options’ decision optimizing models have been developed. In these models, both clients and vendors try to pursue their own benefits. Based upon the principal-agent theory, the models show to what extent a principal (a client) needs to pay more to an agent (a vendor) in a context of asymmetric information. For the client, it is important to understand the extra costs to be able to adopt effective strategies to stimulate a vendor to perform an optimal implementation of a SCM system. The results of a simulation experiment regarding SCM implementation options illustrate and verify the theoretical findings and confirm the general notion that the less informed party is obliged to pay information rent to the better-informed party.展开更多
In Colleges and universities,the organization of Ideological and political teaching courses can strengthen the ideological education of students,but at present there are still some problems in the ideological and poli...In Colleges and universities,the organization of Ideological and political teaching courses can strengthen the ideological education of students,but at present there are still some problems in the ideological and political teaching in Colleges and universities,the ideological and political teaching has not achieved the expected effect,and the ideological and political teaching will be hindered in the work.This paper focuses on the connotation of Ideological and political teaching in Colleges and universities,and puts forward the measures of transformation and upgrading of Ideological and political teaching management.展开更多
基金supported by National Natural Science Foundation of China(72031009 and 71871171)the National Social Science Foundation of China(20&ZD058).
文摘In this paper,we propose an iterative algorithm to find the optimal incentive mechanism for the principal-agent problem under moral hazard where the number of agent action profiles is infinite,and where there are an infinite number of results that can be observed by the principal.This principal-agent problem has an infinite number of incentive-compatibility constraints,and we transform it into an optimization problem with an infinite number of constraints called a semi-infinite programming problem.We then propose an exterior penalty function method to find the optimal solution to this semi-infinite programming and illustrate the convergence of this algorithm.By analyzing the optimal solution obtained by the proposed penalty function method,we can obtain the optimal incentive mechanism for the principal-agent problem with an infinite number of incentive-compatibility constraints under moral hazard.
文摘As the builders and successors of the construction of socialism with Chinese characteristics, college students＂ ideological and political education level influences the socialist construction. Colleges＇ ideological and political educators should have a clear teaching goal, and sort out their own teaching ideas, constantly updating and reforming the education mode. Based on the problems existing in the college students＇ ideological and political education, this paper will put forward the corresponding reform measures to ensure the ideological and political education work to go on smoothly.
文摘The optimization investment policy decision of SCM-Supply Chain Management-implementation has been analysed under symmetric and asymmetric information conditions. For both conditions, SCM implementation options’ decision optimizing models have been developed. In these models, both clients and vendors try to pursue their own benefits. Based upon the principal-agent theory, the models show to what extent a principal (a client) needs to pay more to an agent (a vendor) in a context of asymmetric information. For the client, it is important to understand the extra costs to be able to adopt effective strategies to stimulate a vendor to perform an optimal implementation of a SCM system. The results of a simulation experiment regarding SCM implementation options illustrate and verify the theoretical findings and confirm the general notion that the less informed party is obliged to pay information rent to the better-informed party.
文摘In Colleges and universities,the organization of Ideological and political teaching courses can strengthen the ideological education of students,but at present there are still some problems in the ideological and political teaching in Colleges and universities,the ideological and political teaching has not achieved the expected effect,and the ideological and political teaching will be hindered in the work.This paper focuses on the connotation of Ideological and political teaching in Colleges and universities,and puts forward the measures of transformation and upgrading of Ideological and political teaching management.
