In this study, I investigated the effect of work function (ϕm) of AuxAg1-x (x=0, 0.22, 0.37, 0.71 and 1) on the Au-Ag/n-GaAs Schottky diode (SD) parameters. Ag, Au and three alloys with different compositions deposited on n-GaAs substrates by thermal evaporation method. Surface morphologies of the samples were investigated by atomic force microscope (AFM). Elementel compositions of Schottky metals were conducted by the energy dispersive X-ray spectroscop (EDX). Current-voltage (I-V) and capacitance-voltage (C-V) measurements performed at room temperature.SD parameters such as barrier height (Φb0), ideality factor (n), series resistance (Rs), and interface state density (Dit) of the SD's were calculated from the obtained I-V and C-V data. Experimental results showed that all calculated SD parameters depends on alloy composition. Lowest mean barrier height value was found as 0.789±0.022 eV for Au/n-GaAs SDs and the highest value was determined 0.847±0.008 eV for Au0.71Ag0.29/n-GaAs SDs from I-V measurements. Weak dependencies of barrier height to ϕm was exist and gap state parameter (S) determined as 0.0526. S value was close to the Bardeen limit (S=0), and indicates that Fermi level was strongly pinned in Au-Ag/n-GaAs SDs. Also, main SD parameters like series resistance (Rs), ideality factor (n), reverse bias barrier height (Φb RB ), doping density (Nd) and density of interface states (Dit) were calculated via using different methods from I-V and C-V measurement results. In addition, to determine the leakage current mechanism Poole-Frenkel emission (PFE) and Schottky emission (SE) models applied on reverse bias I-V data.