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A dual approach to agency problems
Journal of Mathematical Economics, 2023zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Chang Koo Chi, Kyoung Jin Choi
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Agency Triangles: Problems in Agency‐Family Relationships
Family Process, 1983This article focuses on ways in which helping agents, including family therapists, become part of the problem they are treating. Particular emphasis is placed on triangular patterns that frequently develop when one agency involves another in carrying out its functions and in diffusing conflict with a client and his or her family.
D, Carl, G J, Jurkovic
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Agency problems and the theory of the firm
Journal of Political Economy, 1980This paper attempts to explain how the separation of security ownership and control, typical of large corporations, can be an efficient form of economic organization. We first set aside the presumption that a corporation has owners in any meaningful sense. The entrepreneur is also laid to rest, at least for the purposes of the large modern corporation.
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Agency Problems and Residual Claims
The Journal of Law and Economics, 1983Social and economic activities, like religion, entertainment, education, research, and the production of other goods and services, are carried on by different types of organizations, for example, corporations, proprietorships, partnerships, mutuals and nonprofits. There is competition among organizational forms for survival.
Fama, Eugene F., Jensen, Michael C.
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The Economy of High Wages: an Agency Problem
Economica, 1983latitude with respect to the effort they supply, and monitoring of effort and output is costly. In this paper we examine the agency problem that arises in these circumstances. The agent (employee) is assumed to maximize expected utility, which depends on wages and effort (a "bad").
Eaton, Curtis, White, William D
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The Problem of Agency Re-visited.
Scand. J. Inf. Syst., 2005We analyze five commentaries to our ‘Socio-theoretic Accounts of IS: the Problem of Agency’ paper. We find more commonalty in the way we think about theory and theory development in the IS field than expected, and clear up some misconceptions about our intentions. Actor network IS theorists are reluctant to accept the way we frame the problem of agency
Rose, Jeremy +2 more
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Economic Solubility of the Agency Problem [PDF]
Conditions are derived under which the solution to the Grossman-Hart formulation of the agency problem involves zero or non-zero effort.
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Agency Problems and Familiness
2015Since the publication of the pioneering papers of Alchian and Demsetz (1972) and Jensen and Meckling (1976), it has been customary to view firms as organisations that are characterised by contractual relationships among self-interested “factors of production” (Fama, 1980, p. 289).
Sumon Kumar Bhaumik, Ralitza Dimova
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The Problem of Representative Agency
2020This chapter sheds light on private actors that have the standing or capacity to exercise certain forms of power or make certain decisions in terms of representative agency. It discusses a novel account of the conditions that an agent must meet in order to act or speak in the name of another known as the internalist account of representative agency. It
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The Philosophical Forum, 2000
L'A. s'interroge sur la nature possible des groupes sociaux et conclut a l'impossibilite d'une action morale de ceux-ci en tant qu'agents. Examinant le statut des corporations comme personnes morales en reference aux travaux de P. A. French, l'A. montre que la reconnaisance de structures decisionnelles ne suffit pas a attribuer une decision morale au ...
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L'A. s'interroge sur la nature possible des groupes sociaux et conclut a l'impossibilite d'une action morale de ceux-ci en tant qu'agents. Examinant le statut des corporations comme personnes morales en reference aux travaux de P. A. French, l'A. montre que la reconnaisance de structures decisionnelles ne suffit pas a attribuer une decision morale au ...
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