Title :
Analysis on Agency Chain Decision-Making Based on Characteristics of Multi-Dimensional Game
Author :
Wen Xiao ; Ping Sun
Author_Institution :
Sch. of Manage. & Econ., Univ. of Electron. Sci. & Technol. of China, Chengdu
Abstract :
This paper characterizes the decision-makings in agency-chain with characteristics of multi-dimensional game. Game in the multilayer principal-agent relationships is played between participants\´ decision vectors rather than their single decisions. Our models demonstrate that within a decision vector horizontally, the effort choice and the incentive choice are substituted in some certain degree. Our models also demonstrate that in the agency-chain vertically, participant\´s utility is not only function of his own decisions, but also others\´. Participant makes a "trade-off between effort choice and incentive choice, and optimizes a profile utility based on his position in the agency- chain.
Keywords :
decision making; game theory; organisational aspects; agency chain decision-making analysis; multidimensional game; multilayer principal-agent relationship; organization hierarchical structure; Consumer electronics; Decision making; Game theory; Incentive schemes; Information analysis; Multidimensional systems; Nonhomogeneous media; Performance analysis; Sun; Technology management;
Conference_Titel :
Wireless Communications, Networking and Mobile Computing, 2008. WiCOM '08. 4th International Conference on
Conference_Location :
Dalian
Print_ISBN :
978-1-4244-2107-7
Electronic_ISBN :
978-1-4244-2108-4
DOI :
10.1109/WiCom.2008.1737