The Analysis of Agency-principal Model in Universities as Non-profit Organizations Based on Game Theory

In this paper,the agency risk and stimulating problems in public high schools as non-profit organizations were analyzed in detail for promoting its efficiency.Firstly,the forms of agency risk were analyzed.Secondly,the causes of agency risk were studied.Then the game model between agent and principal was set and the probable results were analyzed.During the operating procedure of higher schools,the manners in which the agencies and clients take risk could vary along with their different risk preferences.to improve the operating efficiency,higher schools should take reasonable stimulating and managing methods according to the reasons of agency risks and the agencies' and clients' different risk preferences.