Analysis of Incentive for the Adoption of the Engineering Construction Standards in China Based on the Multi Task Principal: A Gent Model

摘要

Engineering construction standards are the effectively and reasonably important basis to protect the construction activities effectively and reasonably in China. This paper is focused on the complex adoption process for engineering construction standards in China. In this paper, we analyze the multi task principal-agent relationship between the management department and adoption department, build a multi-task principal-agent model for the engineering construction standards. This paper analyzes the incentive strength in different cases in order to determine the optimal incentive strategy for the standards adoption subjects. The results indicate that if the standardized multi-objective missions are independent from each other, then the effort and compensation are independent. If the standardized multi-objective missions are dependent, the effort and compensation need to reach a certain threshold to let the incentives produce positive effects.