%0 Journal Article
%T Model Analysis on a Kind of Polyperiod Principal-Agent Relation<br>一类多期委托代理关系的模型研究
%A WANG Xian-yu
%A ZHONG Sheng
%A LI kang
%A <br>汪贤裕
%A 钟胜
%A 李康
%J 系统工程理论与实践
%D 2001
%I 
%X Capital, labour and technology are three key elements of enterprise production. This paper discusses the polyperiod principal-agent relation of enterprise on the base that principal possess capital while agent carry on labour. We establish dynamic programming model of principal-agent relation, analyse rational behavior and profit character of principal and agent, and obtain the result that the expect investment marginal profit of principal is very important.
%K principal-agent thoery
%K dynamic programming
%K investment
%K expect investment marginal profit<br>委托-代理理论
%K 动态规划
%K 投资
%K 投资期望边际收益率
%U http://www.alljournals.cn/get_abstract_url.aspx?pcid=01BA20E8BA813E1908F3698710BBFEFEE816345F465FEBA5&cid=962324E222C1AC1D&jid=1D057D9E7CAD6BEE9FA97306E08E48D3&aid=E0C094C70BDF7BDF&yid=14E7EF987E4155E6&vid=659D3B06EBF534A7&iid=708DD6B15D2464E8&sid=4AD960B5AD2D111A&eid=933658645952ED9F&journal_id=1000-6788&journal_name=系统工程理论与实践&referenced_num=5&reference_num=11