As a result, we find that both information symmetry and truth_inducing compensation scheme have restraining effects on budgetary slack, among which the effects of the former are especially significant.

In the social transformational period from the traditional agriculture society to the modernized industry society, the factors of system vicissitude, people s self-interest as well as the information asymmetry between administrative persons and the public, and so on, have been created the possibility and the opportunity for the corruption.

Research on compensation contract for collusion-proof in symmetric information;

Economic incentive contract design with asymmetric information in building energy efficiency retrofit

Comparing the design of incentive contracts with symmetric and with asymmetric information,the interest game between manufacturer and retailers is analyzed to determine the contract parameters so as to maximize the expected benefit of the principal by model optimization.