This paper researches the optimal incentive contract based on overconfidence of investment fund manager from the behavioral finance view point.
从行为金融角度出发，对基金经理过度自信情形下的最优激励契约进行研究。
This paper, based on the agent conflict of the shareholder and manage, studies the corporate hedging, optimal incentive contract and information disclosure.
本文在股东与管理者代理冲突的指导框架下，阐述了企业套期、最优激励合约以及信息披露策略等方面的问题。
I assume that the linear gross return is the only observable variable. Then the optimal incentive contract of managers is acheved. I also get some meaningful results.
得出在线性总收益作为单一可观测变量条件下，经理人的最优激励合同并分析了几个有意义的结果。
Behavioral contract theory tries to design optimal incentive contracts based on fairness preferences, which mean that agents will pay attention to the comparisons of his payoff and others.
行为合约理论认为代理人具有公平偏好，会关注自己的物质收益与他人相比是否公平，因而试图建立包含公平偏好的最优激励合约。
Behavioral contract theory tries to design optimal incentive contracts based on fairness preferences, which mean that agents will pay attention to the comparisons of his payoff and others.
行为合约理论认为代理人具有公平偏好，会关注自己的物质收益与他人相比是否公平，因而试图建立包含公平偏好的最优激励合约。
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