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The implementation results of the construction cost consultation project are influenced by effort and customers' participation, but the inputs under the course of the service are hard to verify, which often cause a bilateral moral hazard. In view of the problem that the high quality of the cost consulting enterprise cannot have the high price called adverse selection and moral hazard leads to a lack of trust of customers, this paper designs the participation service by applying the principal-agent theory, and discusses the necessity and process of the service. Value of it is proposed to provide a new angle of view and new path of value creation for the enterprises.

Study on Participation Service of Cost Consulting Enterprises Based on Principal Agent Theory