Study on Using Incentive Theory to Improve the Efficiency of Fiscal Funds' Usage

摘要

Currently, there are still many areas for improvement to promote economic stability and development and implement fairness in income distribution on usage of our budget funds. With the information economics, contract theory and their research development, incentive theory has become an important tool to solute a series of major issues in the real world with asymmetric information. In this paper, using incentive theory to analyze the financial sector as the principal how to build incentives contract to promote the agent-public functions to improve efficiency of using budgetary funds, and achieve economic stability or development and equitable income distribution, we get some useful inspirations.