A Study On The Function Of A New Model To Determine The Appraisal Index Basis Based On Experimental Economics

Performance management occupies a core position in the enterprise human resource management system,and determining the performance appraisal basis is one of the basic issues of performance management.The problem of determining the performance appraisal basis is logically a typical principal-agent problem.There have been a lot of researches on standard principal-agent model at home and abroad,but most of them lack of application value.Therefore,building an application-based principal-agent model becomes a very necessary high-value job.In terms of the research on the determination of the basis for performance appraisal,Professor Hu Zuguang of Zhejiang Gongshang University proposed the "HU Theory" in2001,which has successfully applied in a number of domestic company management practices.However,there are many parameters in HU Theory and the uncertainty of parameters is large.Therefore,Wang Lingfeng proposed the WANG Model based on the HU Theory.It allows agents to have some deviations in combination with the actual situation but its performance has not been tested in practice.Therefore,this article uses experimental economics to investigate whether the WANG Model has improved the HU Theory,and further uses multiple logistic regression analysis to discuss the influence of personal characteristics on the choice of counting strategies.The main conclusions of this article are as follows:(1)There is no significant difference between the WANG Model and the HU Theory for the average value of agent's Self-offered,but agent's degree of fluctuation and deviation of the WANG Model are smaller than the HU Theory.Therefore,the WANG Model is more conducive for the principal to manage the agent based on the real information.In addition,the agent's income in HU Theory is higher than that of WANG Model.Although it shows that HU Theory is more motivating for agents,it also means that principals need to pay more costs.As a whole,the WANG Model is more valuable to principals.(2)In the long run,the agent's counting strategies can be divided into five types:Make small adjustments first,and then continue to offer the same number;the first half of the report is stable,and the second half of the report is fluctuating;the first half of the report is fluctuating,and the second half of the report is stable;the report is fluctuating continuously;the report is stable continuously.(3)Personal characteristics have a significant impact on counting strategies.The greater the motivation for one's achievement,the less likely it is to "offer the same number all the time" and this phenomenon is more apparent in the HU Theory.The stronger a person's mathematical ability,the more likely he will choose the behavior of "the first half of the report is fluctuation,and the second half of the report is relatively stable".The greater the risk a person is willing to take,the more likely it is to choose an "always floating" counting strategy and this phenomenon is more apparent in the HU Theory.The smaller the risk one is willing to take,the more likely it is to choose an "always more stable" counting strategy and this phenomenon is more apparent in the WANG Model.