Executive stock option system is one mature incentive model and its core is to endow company ’ s manager the right to buy ordinary stocks at fixed price and at future given time . in order to alleviate moral risk , the owner of executive stock options can benefit from the growth of the company 经理股票期权制度是一种成熟的激励方式,其核心是给予公司的高级管理人员在未来某特定的时间按某一固定价格购买本公司普通股的权力,使股票期权持有者能够享受到未来公司成长的利益,从而达到降低道德风险的目的。
11 it is possible that the holder of the exclusive position referred to above may abuse the market by fixing a price - for a service which it is alone in a position to provide - which is to the detriment of any person acquiring a motor vehicle imported from another member state and subject to the approval procedure 如上文分析的优势地位的拥有者可能会通过固定价格来滥用其优势因为一个市场中的一项服务只能一个提供者从而想从另一成员国进口汽车的任何人都必须遵守“许可程序”从而受到损害。
It was increasingly put to work on tasks ranging from how to auction a radio spectrum to devising a better way of paying defence contractors than cost - plus contracts ( which create incentives for the contractor to be inefficient ) or fixed - price contracts ( which may result in overpaying ) 机制设计被越来越多地用于各种场合,包括设计无线电频段拍卖机制、以及为防务合同设计更加合理的支付机制以克服成本加成合同(会产生消极怠工的激励)或固定价格合同(会导致给价过高)的弊端。