Research On The Incentive Mechanisms Of Agent Construction System

With the deepening reform of investment system, China began to gradually extend agent construction system in government investment projects. In the current agent construction system, the government investor and the agency establish the agent relationship by signing a contract. However, the agent construction system has not fully played its role in the implementation process. The problem of moral risk and adverse selection will arise because the information between the government investor and the agency is not equal. The focus of agent system is based on incentive and restraint mechanisms, so the paper analyzes the implementation of agent construction system, study the current agency relationship and try to design a more effective incentive mechanism. Taking into account the interests of the government investor and the agency, the new incentive mechanism make the behavior of agency more standardized, minimizes the losses of investment projects from the agent problem, achieves the objectives of the government investors and make agent construction system more effective.The paper uses the method of literature review, the fuzzy evaluation method, the system analysis and the mathematical models to research problems of agent construction system, agent selection method, the explicit incentive mechanism and the implicit incentive mechanism of agent construction system.(1) Research the problems of agent construction system and its comprehensive ability evaluation content. Firstly, the agent relationship of agent construction system that exists in Chinese government investment system is analyzed. Secondly, the problem of the agent relationship and the other problems are studied. Moreover, the paper analyzes the incentive of government investment projects, including selection of agency. Finally, the methods of agency evaluation are analyzed and the specific methods of agency selection are discussed.(2) Analyze and improve the incentive mechanism of the agent construction system. Firstly, analyze the deficiency of current construction mode and the particularity of the construction mode. Secondly, study the explicit and implicit incentives of incentive mode, and considering the incentive mechanism on the quality of engineering. Moreover, analyze the model and reach three conclusions. Finally, think of the current situation of agent construction system in different regions, considering the explicit and implicit incentives, law and policy, the construction market to improve the incentive mechanism of acting system is put forward, and.(3) Considering the complex education building project of a middle school in Xi ’an, this paper analyzes the problems existing in the construction project, puts forward a solution according to the incentive mechanism, and sees the effect. First of all, analyses and improve the incentive mechanism in contract. Secondly, study the content of the performance evaluation in the case, find problems and put forward suggestions. Then, the other problems in the case was summarized and put forward a solution. Finally, observe the results of improved and make the incentive mechanism give full play to its due role.