scholarly journals Design and Application of Information Incentive Mechanism in Operation of Logistics Information Platform

2021 ◽  
pp. 408-419
Author(s):  
Huoquan Chen
Keyword(s):  
Incentive Mechanism ◽  
Information Economy ◽  
Logistics Industry ◽  
Supervision System ◽  
Information Platform ◽  
Agent Model ◽  
Information Level ◽  
Principal Agent Model ◽  
Logistics Information ◽  
Information Providers

With development of 5G, information economy era marked by IoT has come rapidly and it is the objective always pursued by logistics industry to improve informatization level. During the process of logistics informatization, all levels of governments and enterprises have taken construction of public logistics information level as the main direction of logistics informatization investment. How to build a set of effective information incentive mechanism is the joint pursuit of many logistics information platform administrators. On the basis of principal-agent model, information incentive mechanism is designed in the Paper. At the same time, necessary analysis of information incentive factors is carried out. The research indicates that, with traditional incentive measures, logistics information platform administrators can better stimulate logistics information providers and improve precision of logistics information by virtue of information incentive measures; during the process of informatization, logistics information platform administrators also need to build a supervision system on the basis of certain punitive measures.

scholarly journals Analysis of Enterprise Sustainable Crowdsourcing Incentive Mechanism Based on Principal-Agent Model

2020 ◽  
Vol 12 (8) ◽  
pp. 3238 ◽  
Author(s):  
Guohao Wang ◽  
Liying Yu
Keyword(s):  
New Product Development ◽  
Incentive Mechanism ◽  
Innovation Process ◽  
Product Development Process ◽  
Principal Agent ◽  
Agent Model ◽  
Internal Resources ◽  
Model And Simulation ◽  
Principal Agent Model ◽  
The Impact

The utilization of crowdsourcing to acquire distant knowledge is increasing. In the new product development process, sustainable crowdsourcing is an effective way to exploit both external and internal resources to boost enterprise innovation quality and the efficiency of the competitive edge of macro tasks in a relatively long cycle. The challenge of sustainable crowdsourcing is how to design a proper incentive mechanism to achieve the maximum initiator profit and, at the same time, satisfy the solver’s motivation so that they can continuously participate in the innovation process. In two situations, including a single motivation and multiple motivations of the solver, this paper analyzed the impact of a few factors on the initiator’s profit and the incentive coefficient for the solver based on the Principal–Agent Model. From the model and simulation results, the solver’s incentive coefficient is positively correlated to the solver’s work quality and negatively correlated to the uncertainty of the enterprise operation, the solver’s Effort Cost, the solver’s degree of risk aversion, etc. If the initiator is more sensitive to the benefits of the solver’s intrinsic motivation, the monetary incentive will be higher. The research results provide a theoretical basis to quantify the initiator’s expected profit and design a proper incentive plan for the solver. Finally, the conclusions offer practical guidance for enterprise to execute incentive plans for sustainable crowdsourcing from the perspective of the solver’s motivation.

Analysis on the Incentive Decision of Manufacturing Logistics Outsourcing

2011 ◽  
Vol 199-200 ◽  
pp. 1734-1737
Author(s):  
Jia Juan Chen ◽  
Si Si Zhou ◽  
Ying Guo ◽  
Xiang Yu Han
Keyword(s):  
Decision Making Process ◽  
Economic Factors ◽  
Logical Relationship ◽  
Logistics Industry ◽  
Logistics Outsourcing ◽  
Agent Model ◽  
Joint Development ◽  
Principal Agent Model ◽  
Technical Factors ◽  
Relationship Of

The logical relationship of manufacturing and logistics industry joint development is analyzed using system dynamics approach. Factors that affect Manufacturing Logistics Outsourcing were summarized as economic factors, technical factors, risk factors and external factors. Principal-Agent Model is established to analyze the decision-making process of logistics outsourcing in manufacturers and logistics companies.

The Analysis on the Incentive Mechanism of Technological Innovations in Industrial Symbiosis

2011 ◽  
Vol 281 ◽  
pp. 249-252
Author(s):  
Li Guo ◽  
Xiao Min Hu
Keyword(s):  
Technological Innovation ◽  
Incentive Mechanism ◽  
Industrial Symbiosis ◽  
Waste Generation ◽  
Agent Model ◽  
Innovation Activities ◽  
Generation Company ◽  
Principal Agent Model ◽  
The Incentive Mechanism ◽  
Major Factors

In order to explore relationship between industrial symbiosis and technological innovation, the paper applied the Becker-Stigler principal-agent model to analyze relevant factors that affect the technological innovation in companies engaged in industrial symbiosis and established the incentive mechanism for technological innovation in industrial symbiosis. The results indicates the extra income received from the technological innovation activities, the income received after the technological innovation activities are discovered and the company has been punished and the annual income of the waste generation company are the major factors that affect the waste generation companies on their technological innovation behaviors.

Why Were Workers Whipped? Pain in a Principal-Agent Model

1990 ◽  
Vol 100 (403) ◽  
pp. 1109 ◽  
Author(s):  
Michael Suk-Young Chwe
Keyword(s):  
Principal Agent ◽  
Agent Model ◽  
Principal Agent Model
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