Asian Science Citation Index is committed to provide an authoritative, trusted and significant information by the coverage of the most important and influential journals to meet the needs of the global scientific community.  
ASCI Database
308-Lasani Town,
Sargodha Road,
Faisalabad, Pakistan
Fax: +92-41-8815544
Contact Via Web
Suggest a Journal
Journal of Applied Sciences
Year: 2014  |  Volume: 14  |  Issue: 18  |  Page No.: 2079 - 2083

Intervention in Coal Mining Safety Production Supervision in China Based on the Principal-agent Model

Chun Yan, Xianghui Chen, Wei Liu and Yuan Tian    

Abstract: This study argues that for importing the economical factor, introducing insurance mechanism into supervision of coal mining safety production can fully arouse enthusiasm of all parties, supervise and urge coal mining enterprise to increase the safety input, lower the probability of safety accidents in advance, after the accident increase the capital source of remedying lose in safety production and provide the more reasonable compensation for injured miners and their family. Game analysis on insurance companies intervention in coal worker safety supervision using the principal-agent model is done and many problems such as supervision dynamics, supervision cost and penalties in condition of information asymmetry is discussed. It is demonstrated in the sight of game theory that the differential rate and floating rate of coal worker safety insurance are necessary.

Cited References   |    Fulltext    |   Related Articles   |   Back
 
 
   
 
 
 
  Related Articles

 
 
 
 
 
 
 
 
 
Copyright   |   Desclaimer   |    Privacy Policy   |   Browsers   |   Accessibility