Optimal assignment of principalship in cooperative R&D under incomplete information

被引：0

作者：

Wang, Changfeng ^{[1
]}

Zhang, Peng ^{[2
]}

机构：

[1] School of Management Shandong, Jiaotong University, No. 5, Jiaoxiao Road, Tianqiao District, Jinan 250023, China

[2] School of Management, Shandong University, No. 27, Shanda South Road, Jinan 250100, China

来源：

ICIC Express Letters | 2011年 / 5卷 / 06期

关键词：

D O I：

暂无

中图分类号：

O29 [应用数学];

学科分类号：

070104 ;

摘要：

This paper develops a general equilibrium model with two firms in cooperative R&D projects to investigate the optimal assignment of principalship under incomplete information. We make a distinction between cooperative R&D effort and monitoring effort. When it is costly to sign contracts on efforts under incomplete information, the optimal assignment of principalship in cooperative R&D depends on the interaction between each member's importance in cooperative R&D, the effectiveness of monitoring and the degree of R&D teamwork. © 2011 ISSN 1881-803X.

引用

页码：1975 / 1980

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