A concession contract can be regarded as a payoff contract under the framework of principal-agent theory. It needs to meet the participation constraint and incentive compatibility constraint of concessionaire.
特许权合约可以看作一个委托代理框架下的报酬合约，需要满足特许权人的参与约束和激励相容约束条件，报酬设计可以使用逆序递推的方法分析。
参考来源 - 基础设施特许权合约设计的经济分析·2,447,543篇论文数据，部分数据来源于NoteExpress
以上来源于: WordNet
This mechanism includes participation constraint and incentive compatibility constraint, so it is mechanism which is feasible and enforceable.
该机制考虑了激励相容约束和参与约束，因此是一个可行和可实施的机制。
Citizen participation in public policy process is not only a new source of legitimacy for executive, but also a new constraint force to the rational exercise of executive power.
公民政策参与公共政策过程不仅能够为行政机关建构新的合法性来源，也可以为行政权力的理性化行使配置新的制约力量。
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