principal-agent
A Principal-Agent View on International Hotel Branding and Empirical Evidence from China
... of agent shirking, many studies have supported the idea that the principal should stipulate a scheme of profit sharing with the agent in the contract (Basu, Lal, Srinivasan, & Staelin, 1985; ...
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Two Level Principal Agent Analysis in Farmland Transfer
... of principal-agent theory to study land ...the principal-agent relationship between the local government and the village committee, and pro- posed corresponding incentive ...the ...
12
SCM Implementation Decisions of Principal Agent under Asymmetric Information
... Now, consider the situation were vendors have SCM implementation knowledge (private information), and clients cannot obtain this information. As a result, the SCM implementation decision problem becomes an asymmetric ...
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Principal-Agent Relationship, Uncertain Results and the Moral Economy
... Workshop workers received wages based on profit-sharing in one month where the owner received a 40 percent share and the worker received 60 percent. Unlike the percentage of profit-sharing in gold mining, the percentage ...
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Principal-agent problems in implementation of Ghana’s health insurance scheme
... ines principal-agent relationships in areas of pre- scribing patterns (drugs/medicines) and behaviours of health service providers’ especially private ...examine principal- agent relationship ...
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On the Consistency of the First Order Approach to Principal Agent Problems
... This paper revisits the principal-agent model with moral hazard when its solution is obtained invoking the first-or- der-approach. We show that the solution can be economically inconsistent even when ...
5
The Superior Orders Defense: A Principal-Agent Analysis
... The Article proceeds in the following manner: Part II discusses the current approaches to crimes of obedience, all of which are one-rule-fits-all policies. The actual harm caused by the current inability to agree on a ...
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Principal Agent Relationship On Zakah Institution In Indonesia
... of principal-agent in the early development of many conducted by Spencer and Zeckhauser (1971), Ross (1973), Jensen and Mackling (1976) (Arie, ...(the principal) delegate work to another party (the ...
7
Principal Agent Theory Based Risk Allocation Model for Virtual Enterprise
... In this paper, we consider a risk analysis model for Virtual Enterprise (VE) by exploring the state of the art of the prin- cipal-agent theory. In particular, we deal with the problem of allocating the cost of ...
9
The principal agent model in public service education, training and professional development
... involved, principal- agent problems ...The principal is motivated by a desire to remain in power by maximising fiscal and regulatory resources to increaseits legitimacy over the delivery of ...
11
Structural estimation of a principal-agent model: moral hazard in medical insurance
... Moral hazard measure and welfare loss. In this subsection I will give a new empirical measure of moral hazard. Though it might be natural from a theoretical point of view, I am not aware of previous estimates of it. The ...
24
Study on the project supervision system based on the principal-agent theory
... the principal-agent relationship between owners and supervisors, there are two stages of information ...above principal-agent game analysis between owners and supervisors, we can see that ...
18
Green supply chain knowledge sharing mechanism based on principal agent theory
... In China, the research on management mode and operation mode of green supply chain is still in its infancy, most of research is qualitative research, such as conceptual, descriptive, framework research, which did not ...
9
ORGANISATIONS AS WEBS OF PRINCIPAL-AGENT CONTRACTING
... It is an often stated and debated fact that the total remunerations of agents has gone up astronomically over the last decades in the firm organisation, resulting in rapidly increasing inequality in both Western ...
12
Dynamic Principal–Agent Models
... We show that similar results hold in much more generality. We use results from the mathematical programming literature, so these proofs can be easily extended to different set- tings with multiple agents with additional ...
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Essays on the Principal-agent Problem in Agricultural Contracts.
... In Chapter 3, we switch to broiler production contracts and detect the unobserved heterogeneity from the data. When analyzing players’ decision problems, researchers often cannot observe some of the inputs that play a ...
95
Extensions and applications of principal agent problems
... result of incomplete risk-sharing when there is moral hazard still holds, and whether the optimal level of insurance is affected when the duration of the principal-agent relationship as [r] ...
198
Summary of Principal—Agent Mechanism
... the agent has a residual claim will help improve operators themselves and members of the business the “comprehensive initiative”, making the goal of principal and agent as consistent as ...the ...
9
Principal-Agent Governance Mechanism in an Emerging Biofuels Supply Chain in USA
... Michigan wood harvesting industry has about 800 logging firms. Most loggers are independent contractors and run their family businesses. Loggers are supposed to possess variety of skills which include logging, ...
11
The problem of the principal agent and promotion tournaments in religious organizations: choosing the next pope
... Therefore, in virtue of holy obedience and under pain of excommunication latae sententiae, I again forbid each and every Cardinal elector, present and future, as also the Secretary of th[r] ...
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