Study of Outsourcing Model in Externality Controlling In Principal-Agent

摘要

Described value functions under outsourcing model of administrator giving pollution-controlling-business to pollution-releasing enterprise in externality controlling. Analyzed externality decisions under different information conditions. Under asymmetric information condition, administrator as principal, the enterprise as agent, established outsourcing’s pollution-controlling quality evaluation principal-agent model. Consider the situation of the enterprise’s pollution-controlling level was hided, used maximum value axiom derived optimal solutions of administrator’s quality evaluation and transfer payment, contrasted results under different information environment. Then, simulation calculation tested and verified analysis result.