Abstract: The new thought of using game theory to study the price of layoff mechanism for human resource management was put forward.Two main ideas on layoff mechanism and one sufficient and necessary condition of layoff mechanism were introduced.Under the conditions of imperfect information and linear stratagems for enterprise and employee,two games as non-arbitrage and arbitrage price on the layoff were discussed.The research showed that the dominant stratagems were linear on non-arbitrage game and single prices on arbitrage game for enterprise and employee.The base of the pricing of layoff mechanism is to quantitate three kinds of income functions.

Key words: layoff mechanism, price game, linear stratagem, Nash equilibrium