Applied Mathematics and Nonlinear Sciences
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Journal

Applied Mathematics and Nonlinear Sciences


Volume
& Issue

Volume 6, Issue 2


Published
on

November 29, 2021


Pages


DOI

Article

Compensation incentive contract of the subject librarians based on the H-M model

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Authors

Chunping Wang Affiliation:
Kunming University of Science and Technology, Kunming 650500, Yunnan, P. R. China
and Lili Song Affiliation:
School of Economics and Management, Chongqing Three Gorges Vocational College, Chongqing, Sichuan 404155, China


Abstract

Based on the H-M model, the compensation incentive model is constructed under the inter-task cost function. The best compensation incentive contract is constructed by solving the incentive model, and the incentive characteristics are analysed. The results show that the best incentive intensity decreases as the subject service selectivity increases. The higher incentive intensity of university managers for specific tasks, the lower efforts of subject librarians for another specific task. Moreover, when the tasks are substituted for each other, the profit-sharing ratios corresponding to different tasks are complementary. Finally, we establish the econometric empirical models to test these results.


Keywords

subject librarian, compensation, incentive contract


Citation

Wang, C. & Song, L. (2021). Compensation incentive contract of the subject librarians based on the H-M model. Applied Mathematics and Nonlinear Sciences, 6(2). https://doi.org/10.2478/amns.2021.2.00106
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