This paper studies incentives provision when agents are characterized either by homo moralis preferences, i.e., their utility is represented by a convex combination of selfish preferences and Kantian morality, or by altruism. In a moral hazard in a t...
This study focuses on the optimal incentive schemes in a multi-agent moral hazard model, where each agent has other-regarding preferences and an individual measure of output, with both being observable by the principal. In particular, the two agents...
When manufacturing enterprises employ sales team (or multiple salesmen) to sell products, there is asymmetric information such as the ability and efforts salesmen. Enterprises can use contracts to incentivize salesmen to work hard to maximize their p...
Integrated project delivery (IPD) is a new emerging delivery system, contributes to increase value to the owner, reduces waste and maximizes efficiency in the life cycle of projects. However, IPD system has not yet shifted from pilot-alike or particu...
As the development of science and technology has reached the point where the desire to travel to Mars has become a tangible reality, the physical limits of human movement are also part of the systematic research based on the space environment. The cr...