Abstract: This paper applies the psy chological contract theory to resolve the money managers.incentives problem.By setting up the principle-agent model,firstly,the paper classifies the incentive mechanism about money managers according to the money managers.psychological contractunder the symmetric information condition;Secondly,under the asym metric information condition,the paper researches the classification of incentive mechanism about money managers according to their external feature,such as the risk preference,the cost of the job,the ability of investment and the risk of the fund,and the vary direction of the market environment;Finally,by extending to muti-agent,the paper reviews the impact of the cooperation of money managers on their incentive mechanisms.This research not only makes up the standard prin-ciple-agent theory,but also provides newideas for motivation system design of money managers.

Key words: psychological contract, money managers, explicit incentive, implicit incentive