• DocumentCode
    2406071
  • Title

    Analysis of the Multasking Principal-agent Model in the Housing Management

  • Author

    Zhang Yufeng ; Mao Jie ; Cheng Hongqun

  • Author_Institution
    Sch. of Civiland Archit. Eng., Wuhan Univ., Wuhan, China
  • fYear
    2010
  • fDate
    7-9 May 2010
  • Firstpage
    13
  • Lastpage
    17
  • Abstract
    There exist three main tasks in housing management including housing and basic equipment maintenance management, environment management and safety management, which form the multitasking principal-agent relation between the owner and the property service enterprise. Based on the overall utility of property service, when the owner delegate property service enterprise with those tasks respectively, the optimal incentive of each task is independent with each other. However, when there is only one enterprise in charge of those tasks, the incentive would change with task costs varying interdependently. The establishment of the model will help the owner to take different incentive measures for different tasks, and realize the “win-win” between the owner and property service enterprise.
  • Keywords
    real estate data processing; service industries; environment management; equipment maintenance management; housing management; multasking principal agent model; property service enterprise; safety management; Analytical models; Biological system modeling; Contracts; Economics; Integrated circuit modeling; Maintenance engineering; Safety; housing management; multasks; owner; principal-agent model; property service enterprise;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    E-Business and E-Government (ICEE), 2010 International Conference on
  • Conference_Location
    Guangzhou
  • Print_ISBN
    978-0-7695-3997-3
  • Type

    conf

  • DOI
    10.1109/ICEE.2010.11
  • Filename
    5591164