The Incentive System of the Subject Librarians in the University Library

Authors

  • Chunping Wang Kunming University of Science and Technology, Kunming, China
  • Lili Song Chongqing Three Gorges Vocational College, Chongqing, China

DOI:

https://doi.org/10.3991/ijet.v16i03.20469

Abstract


Based on the principal-agent theory, we introduce the specific task ability, construct the optimization model of the incentive system of the subject librarians, and discuss how to design the incentive system to achieve "win-win". According to the best incentive system, the variables are selected and measured by real data. An empirical model is established based on the econometrics theory, and the related theoretical conclusions are tested according to the empirical results. It is found that when the information is asymmetric, the best incentive system is composed of the optimal fixed income and the optimal value share. The higher the level of ability, managers should strengthen incentives and the subject librarians will increase the intensity of their efforts; the lower risk preference and the higher random selection, managers should weaken incentives and the subject librarians will reduce their efforts.

Author Biographies

Chunping Wang, Kunming University of Science and Technology, Kunming, China

Chunping Wang is a member of Library, Kunming University of Science and Technology, Kunming 650500, China, Email: wcptsg@126.com. Her research interests include computer information retrieval and principal-agent.

Lili Song, Chongqing Three Gorges Vocational College, Chongqing, China

Lili Song is a member of School of Economics and Management, Chongqing Three Gorges Vocational College, Chongqing 404155, China, Email: songlili2013@yeah.net. Her research interests include human resource management and marketing.

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Published

2021-02-12

How to Cite

Wang, C., & Song, L. (2021). The Incentive System of the Subject Librarians in the University Library. International Journal of Emerging Technologies in Learning (iJET), 16(03), pp. 114–126. https://doi.org/10.3991/ijet.v16i03.20469

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Papers