Journal
FUZZY OPTIMIZATION AND DECISION MAKING
Volume 12, Issue 1, Pages 29-39Publisher
SPRINGER
DOI: 10.1007/s10700-012-9137-6
Keywords
Uncertainty theory; Contract; Private information
Funding
- Natural Science Foundation of China [71071106, 70971092, 71271151]
- Program for Changjiang Scholars and Innovative Research Team in University [IRT1028]
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This paper studies the implementation of the employment relationship problem between the enterprise (he) and the rural migrant worker (she) in labor market. An uncertain contract model is established to maximize the expected utility of the enterprise under incentive feasible mechanism, in which the enterprise's assessment of the rural migrant worker's own income at home is subjective, and characterized as an uncertain variable. The crisp equivalent model is then presented and the optimal solution for the equivalent model is obtained. The results show that if the rural migrant worker's own income at home is higher, she is less willing to pay much effort on work, i.e., the rural migrant worker's optimal effort level decreases with her income at home. Finally, a numerical example is presented to show the effectiveness of the model.
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