Results 291 to 300 of about 2,996,602 (316)

Optimal risk in agricultural contracts

Agricultural Systems, 2003
It is a commonplace observation that risk-averse farmers ought to prefer less risk. In this paper, we provide three qualifications to this commonplace. First, we note that (properly defined) “less risk” need not imply “smaller variance.” Second, we note that when farmers produce under contract, there may be an important tension between risk and ...
openaire   +1 more source

Renegotiation and Optimality in Agency Contracts

The Review of Economic Studies, 1994
Summary: We analyze renegotiation in a hidden action principal-agent model. Contract renegotiation offers are made by the agent. A refinement is imposed on the principal's beliefs: if precisely one action is optimal with respect to both the principal's and the agent's contracts, the principal believes that action has been taken.
openaire   +2 more sources

Optimal Contracts Under Interpersonal Projection

SSRN Electronic Journal
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Kimiyuki Morita, Akitoshi Muramoto, Takeharu Sogo   +2 more
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Optimal Nonlinear Pricing and Contingent Contracts

International Economic Review, 1992
Summary: Nonlinear pricing is extended to allow for demand, cost and capacity uncertainty. Incentive schedules are developed that implement the Pareto optimal allocation. Consumers choose a reference point, e.g., baseload demand. This determines both their payment level and the state-contingent output allocation.
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Optimal Contract Under Asymmetric Information About Fairness

Manufacturing and Service Operations Management, 2022
Wen Zhang, Valery Pavlov, Elena Katok
exaly  

Risk Assessment Model for Optimal Gain–Pain Share Ratio in Target Cost Contract for Construction Projects

Journal of Construction Engineering and Management - ASCE, 2022
Odey Alshboul
exaly  

Optimal Contract Design for Efficient Federated Learning With Multi-Dimensional Private Information

IEEE Journal on Selected Areas in Communications, 2021
Jianwei Huang, Zhixuan Fang, Ningning Ding   +2 more
exaly  

Optimal service contract under cost information symmetry/asymmetry

Journal of the Operational Research Society, 2016
Yongjian Li
exaly  

Modelling optimal production rate with contract effects for international oil development projects

Energy, 2012
Dongkun Luo, Liangyu Xia
exaly  

Optimal contract lengths for voluntary ecosystem service provision with varied dynamic benefit functions

Conservation Letters, 2011
Amy Ando
exaly