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2014 Cooperation and Game between Producers and Managers Based on the Linear Contract
Xianglan Wan
J. Appl. Math. 2014: 1-7 (2014). DOI: 10.1155/2014/547136

Abstract

There is a cooperative game between the manager and the producer in the enterprise. In this paper, we firstly construct the cooperative game model based on the principal-agent theory. Under the conditions of Nash equilibrium and linear contract, the paper calculates the net income of the client, the total risk and welfare of the agents when the agents have the cooperation or not. The result shows that the correlation coefficient between their output has a direct relationship with the cooperation. Secondly, according to the power distribution theory another model is developed. We analyze the game process and critical state. Furthermore, we deduce the share proportion of the profit and the control size when they have the cooperation. Finally, we summarize all the research achievements, which are of universal significance for the practical cooperation game problems.

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Xianglan Wan. "Cooperation and Game between Producers and Managers Based on the Linear Contract." J. Appl. Math. 2014 1 - 7, 2014. https://doi.org/10.1155/2014/547136

Information

Published: 2014
First available in Project Euclid: 2 March 2015

zbMATH: 07131684
MathSciNet: MR3228132
Digital Object Identifier: 10.1155/2014/547136

Rights: Copyright © 2014 Hindawi

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