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Government entrust to enterprise agent reserve emergency material is a important way for reducing reserve
costs and improving the using efficiency of reserve funds. Aiming at the problem of asymmetric information in the process
of enterprise agent reserve, this paper use enterprise in the pursuit of maximize their own utility while meeting the
government utility maximization as the goal, use the principal-agent theory to establish a long-term and short-term incentive
and constraint model of enterprise agent reserve emergency material, and analyze the model in detail, then puts forward
some suggestions of establish enterprise agent reserve emergency material incentive and constraint mechanism.