基于过度自信的多代理人委托代理模型研究

将过度自信融入具有竞争关系的多代理人委托代理模型,分析了过度自信对代理人和委托人的影响。研究表明:非对称信息时,代理人对能力水平和所掌握信息准确性的过度自信水平与自身的努力水平和其竞争对手的努力水平均成正相关;代理人对能力水平的过度自信水平与由于信息不对称造成的自身努力程度的下降幅度及代理成本呈正相关,代理人对所掌握信息准确性的过度自信水平则与之呈负相关。这对企业招聘具有一定的指导意义。

The Study of Principal-agent Model with Multiple Agents Based on Overconfidence

This paper introduces overconfidence to establish principal-agent model with multiple agents existing competitive relation under symmetric and asymmetric information situations.And analyzing the influence of overconfidence to agents and principal.The results show that:under asymmetric information situation,the agent's overconfidence to the level of ability and the accuracy of information is positively correlated to his own effort level and his competitor's effort level;the agent's overconfidence to the level of ability is postively correlated to the decline rate of his effort level caused by asymmestric information and the cost of agent;the agent's overconfidence to the accuracy of information is negatively correlated to the decline rate of his effort level caused by asymmestric information and the cost of agent.Which can provide some good advice to enterprises's recruitment.