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- W2385703313 abstract "The game process for equipment procurement and asymmetry information for cost control were not only analyzed, but the principal-agent relationship of the equipment procurement was also formed. Then, the game model between the army and contractor was built. At last, the issue of how the army encourages the contractor to reduce the cost of equipment procurement was discussed and the simulation example was given by means of evolution algorithm. The results indicate that the military using cost control model can reduce the contractors’ moral hazard under asymmetry information condition. Meanwhile, changing traditional practice that only gives requirement to the contractors according to the policy, the military can control the procurement cost institutionally and technically." @default.
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- W2385703313 date "2006-01-01" @default.
- W2385703313 modified "2023-09-25" @default.
- W2385703313 title "Model and Simulation for Procurement Cost Under Asymmetry Information Condition" @default.
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