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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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2020
This dissertation addresses many important economic questions surrounding agency problems and vertical incentives. The first chapter documents the institutional background and pricing of U.S. reverse convertible bonds. The primary reason why I look into the reverse convertible bonds market is that it has interesting variation, enabling me to answer ...
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This dissertation addresses many important economic questions surrounding agency problems and vertical incentives. The first chapter documents the institutional background and pricing of U.S. reverse convertible bonds. The primary reason why I look into the reverse convertible bonds market is that it has interesting variation, enabling me to answer ...
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Discussion of “Agency Problems”
2017Apart from their high quality, these two papers share a common thread: they emphasize learning. Now learning can take place in a wide variety of ways. It can be a purposeful and costly activity; or information can flow in exogenously. One can learn from one's own experiments, as well as from observing others’ experimenting and its results; or learning ...
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The Problem of Meaning: The Free Energy Principle and Artificial Agency
Frontiers in Neurorobotics, 2022Michael Kirchhoff +2 more
exaly
Journal of Construction Engineering and Management - ASCE, 2023
Masamitsu Onishi, Yujia He, Lei Shi
exaly
Masamitsu Onishi, Yujia He, Lei Shi
exaly