Dynamic Allocation Method of Incentive Pool for Financial Management Teaching Innovation Team Based on Data Mining

Abstract: In order to reasonably allocate the amount of incentive pool and promote the unity of members of the financial management teaching innovation team, a dynamic allocation method of incentive pool for the financial management teaching innovation team based on data mining is proposed. This method constructs the incentive pool allocation index system by analyzing the principles of risk and income correlation, income and contribution consistency, individual and overall profit consistency, as well as the actual contribution of the financial management teaching innovation team, members' efforts and other factors that affect the allocation of incentive pool. After determining the index weight, the maximum entropy model is used to establish the incentive pool function of the financial management teaching innovation team project. The incentive pool scale decision model is established according to the prospect theory. After outputting the scale of the financial management teaching innovation team's incentive pool using the construction model, the incentive pool model of the financial management teaching innovation team is obtained. Based on the asymmetric Nash negotiation model, the allocation model for the incentive pool model of the financial management teaching innovation team is established, the improved artificial colony algorithm in the data mining algorithm is used to solve the model, and the dynamic allocation result of the incentive pool of the financial management teaching innovation team is obtained. The experiment shows that this method can effectively calculate the size of the incentive pool and allocate the incentive pool. The members of the financial management teaching innovation team have a high degree of satisfaction with the allocation result of the incentive pool, with allocation satisfaction consistently fluctuating around 96%.

Huang Jingjing and Zhang Xu. “Dynamic Allocation Method of Incentive Pool for Financial Management Teaching Innovation Team Based on Data Mining”. International Journal of Advanced Computer Science and Applications (IJACSA) 14.7 (2023). http://dx.doi.org/10.14569/IJACSA.2023.0140715

@article{Jingjing2023,
title = {Dynamic Allocation Method of Incentive Pool for Financial Management Teaching Innovation Team Based on Data Mining},
journal = {International Journal of Advanced Computer Science and Applications},
doi = {10.14569/IJACSA.2023.0140715},
url = {http://dx.doi.org/10.14569/IJACSA.2023.0140715},
year = {2023},
publisher = {The Science and Information Organization},
volume = {14},
number = {7},
author = {Huang Jingjing and Zhang Xu}
}