Research On Incentive Model And Management Mechanism Of Government Investment Projects Agent

Government investment projects plays an extremely important role in promoting economic development, meeting the cultural and defense needs. In order to accelerate the development of government investment projects, The State Council proposed to accelerate the implementation of agent system2004. As the key factor of the innovation, it is necessary to study how to motivate the agent to complete the construction management work efficiently.Firstly, the paper studies the evolution of the government investment policy. In the transition process of planned economy to market economy, the proposed of agent system meets the market-oriented way forward. In the initial introduction stage, the incentive method of the agent emphasizes responsibility, ignores incentives and lack maneuverability. In the rapid growth stage, the main incentive method is to award part of the surplus funds. The effect of material reward and punishment are far from satisfactory, so the paper explores spiritual incentive to the agent. Secondly, the paper builds a reputation incentive model to the agent, simulates the several courses of the government how to incentive the agent, identify the main factors affecting the spiritual incentive of the agent, and proved the reputation mechanism for the agent has a significant effect. Thirdly, by building a rank-order tournament model, the paper finds that when the government incentive the agent, they should pay attention to the initial excitation, the optimal wage and the incentive threshold. The rank-order tournament model also can reduce the effect of the information asymmetry and environmental uncertainties to the reputation incentive. Finally, the paper constructs a virtual agent incentive management organization, and proposes long-term incentive method of the agent, reputation propagation method, scientific evaluation method and certification method. According to process-oriented design ideas, from the aspect of incentive management process, incentive effect analysis and incentive effect feedback, the paper designs an incentive management operating mechanism, and puts forward principles, review and publicity mechanisms of agent certification, which can be the supporting measures of the agent incentive mechanism.The paper builds a spiritual incentive model to the agent, expects from the implement of the government apartment, improve the agent’s efforts, ensures the smooth implementation of the government investment project, strict control the investment, quality and duration, promote the further improvement of our government investment agent system.