Incomplete contract theory （GHM-model）, namely, GHM model, Grossman-Hart-Moore model, GHM model or called ownership - control model by Grossman and Hart （Grossman ＆ Hart, 1986）, it is established by Hart and Moo...Incomplete contract theory （GHM-model）, namely, GHM model, Grossman-Hart-Moore model, GHM model or called ownership - control model by Grossman and Hart （Grossman ＆ Hart, 1986）, it is established by Hart and Moore （Hart ＆ Moore, 1990） and other cofounder, so this theory is also known as GHM theory or GHM model. Domestic scholars generally call their theory incomplete contract theory or incomplete contract theory, because the theory is ba^ed on the following analytical framework： They use the incompleteness of contracts for research as starting point to property or （ residual ） optimal control with Ge for research purposes. It is the most important analytical tool for analyze business theory and corporate governance structures with Ge control incentives to obtain the information. GHM model directly inherit the transaction cost theory by Coase, and Williamson, and it is a critical development. Among them, the 1986 model is mainly to solve the integration problem of assets, in 1990, the model evolved into a general model of asset ownership.展开更多
Avian influenza, caused by influenza A viruses, has received worldwide attention over recent years. In this study, we formulate a mathematical model for avian influenza that includes human human transmission and incor...Avian influenza, caused by influenza A viruses, has received worldwide attention over recent years. In this study, we formulate a mathematical model for avian influenza that includes human human transmission and incorporates the effects of infection latency and treatments. We investigate the essential dynamics of the model through an equilibrium analysis. Meanwhile, we explore effective treatment strategies to control avian influenza outbreaks using optimal control theory. Our results show that strategically deployed medical treatments can significantly reduce the numbers of exposed and infection persons.展开更多
文摘Incomplete contract theory （GHM-model）, namely, GHM model, Grossman-Hart-Moore model, GHM model or called ownership - control model by Grossman and Hart （Grossman ＆ Hart, 1986）, it is established by Hart and Moore （Hart ＆ Moore, 1990） and other cofounder, so this theory is also known as GHM theory or GHM model. Domestic scholars generally call their theory incomplete contract theory or incomplete contract theory, because the theory is ba^ed on the following analytical framework： They use the incompleteness of contracts for research as starting point to property or （ residual ） optimal control with Ge for research purposes. It is the most important analytical tool for analyze business theory and corporate governance structures with Ge control incentives to obtain the information. GHM model directly inherit the transaction cost theory by Coase, and Williamson, and it is a critical development. Among them, the 1986 model is mainly to solve the integration problem of assets, in 1990, the model evolved into a general model of asset ownership.
基金Acknowledgments Chairat Modnak thanks Thailand Research Fund （No. TRG5780041）, Faculty of Science at Naresuan University, and Naresuan University Research Fund for partial support of this work. Jin Wang was partially supported by the National Science Foundation under Grant No. 1412826.
文摘Avian influenza, caused by influenza A viruses, has received worldwide attention over recent years. In this study, we formulate a mathematical model for avian influenza that includes human human transmission and incorporates the effects of infection latency and treatments. We investigate the essential dynamics of the model through an equilibrium analysis. Meanwhile, we explore effective treatment strategies to control avian influenza outbreaks using optimal control theory. Our results show that strategically deployed medical treatments can significantly reduce the numbers of exposed and infection persons.
