契约理论视角下专用性投资激励研究述评

契约理论的发展,提出了物质资产专用性和投资激励的问题.专用性人力资本投资同专用性物质资产投资一样,也受到了机会主义的困扰,对该问题的研究形成了专用性人力资本投资的激励理论.契约理论主要包括完全契约理论、交易成本理论和新产权学派三大主要分支.文章分别论述了这三大分支各自的理论观点以及基于这三大分支理论基础上的专用性人力资本投资激励研究的现状并作出了简要述评.

A Review and Comment on the Investment Incentives of Specific Human Capital from the Perspective of Contract Theory

The development of Contract Theory put forward questions such as asset specificity and investment incentives. As specific investment of material capital,specific human capital investment has also been opportunistic distress and therefore formed the specific human capital investment incentive theory.Contract theory mainly includes three main branches,which are Principal-agent Theory,Transaction Cost Economics and New Property Rights Theory.This paper focused on the research status of specific human capital investment incentives based on the theoretical perspectives of the three branches and also this paper made a brief review respectively.