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The Analysis Of Principal-agent Theory Applications In Our Country Administration Field

Posted on:2005-06-25Degree:MasterType:Thesis
Country:ChinaCandidate:B R YangFull Text:PDF
GTID:2156360122999660Subject:Administrative Management
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At present, our country lies in social transition period. In the course of economic system reform (Planned economic system is transformed into market economic system) and political structure reform (The political system of the centralization of state power is transformed into political system of democracy). With dissension and combination of each social benefits body, various kinds of contradictions are protruding and apparent day by day. The government will give a play to the role of its public management at this moment, regulate the contradictions of various fields, keep the order of the society, ensure the stability of the society, and bring about an social advance. The completion situation of these tasks is the important standard to weigh the validity of government. From most extensive meaning, all behaviors of the national administrative organs can be regarded as the administration behavior, the key question of which accords with the law and practical and effective in the course of real public administration. The management subject as the social public activity of the government, its administration behavior will experience a gradual course that will be molded, built and established that will be broken, abrogating to the new standard from the traditional standard. In the course of this transition, it appears administration lean by behavior, so how on earth come and standardize the administration behaviors of government. This thesis attempts from trusting angle administration behavior to the government acted as agent to make and analyze.Since 1970s, the theory of western economics all changed greatly in micro theoretical foundation and research object, this has reflected realistic need. With this kind of change, the explanation of reality of economics is more rationally. Reality calls economics the productions of theories, main theories: information theory, contract theory, motivational theory, the principal-agent theory and etc. Among them, the principal-agent theory at modern economics is the important developments of theories. Its unique visual angle of treating the question makes it have outstanding theory glamour. In recent years, it not only in economic fields receives extensiveapplication, but expand and get and social life come political fields gradually. The question unable to explain that this theory can explain some traditional economics theories, the method solved in proposition thereupon, has realistic meanings even more. The principal-agent theory mainly to discuss relevant symmetrical information trade relation and contract arrange theory. This theory thinks, in a situation that ownership is separated with the power of management, the information between the client with ownership and agent with power of management is distributed asymmetrically. Interests according with the client who can not often observe the managing to take action concretely of the agent, At this moment, the agent takes the action of opportunism for the maximization of one's own interests more probably, Thus diminish the client's interests. However, solving the principal-agent or the keys of problem to set up a set of rational allocation of risks, thus to impel the agent to take the proper action, promote the client's interests to the maximum extent.There is the principal-agent problem in political fields. About the origins of public powers, social contract theories confirm one point that public power stems from the letting of each citizen's power. Nowadays, the thought of sovereignty belonging to the people has already been rooted in the hearts of the people. From aspect of the constitutional government, the people are masters of the country, are the real source of the public power, But because of the conflict of personal reason and collective reason and the existence of convict's predicament, the management of the social public affairs can not be done in person by everybody. Even from the angle that keeps the public order, this is impossible. Then, people entrust the power of managing social public affairs to the country...
Keywords/Search Tags:Principal-agent
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