Compensation incentive contract of the subject librarians based on the H-M model
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Nov 29, 2021
About this article
Published Online: Nov 29, 2021
Page range: 553 - 562
Received: Apr 22, 2021
Accepted: May 29, 2021
DOI: https://doi.org/10.2478/amns.2021.2.00106
Keywords
© 2021 Chunping Wang et al., published by Sciendo
This work is licensed under the Creative Commons Attribution 4.0 International License.
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.