Results 11 to 20 of about 250,431 (241)

Principal–agent approach to energy executive compensation design

open access: yesEnergy Reports, 2022
The principal–agent problem attracted attention from researchers 20 years ago in connection with Enron. The paper reports on the behavioral experiment of designing energy executive compensation contracts. An experimental approach based on principal–agent
Irina Bocharova, Alexander Rymanov
doaj   +1 more source

Corrupt procurement: rethinking the roles of principals and agents

open access: yesPolicy Design and Practice, 2022
Public sector procurement is a multi billion dollar activity and requires the highest level of integrity. Even in countries that are relatively free of corruption, there exist many opportunities for corrupt behavior, and there are always individuals who ...
Adam Graycar
doaj   +1 more source

Decision making in the problems of forest protection from insect pests [PDF]

open access: yesСибирский лесной журнал, 2021
The principles of organization in the forest protection system and the principles of decision-making in the tasks of carrying out protective measures are discussed.
Soldatov V. V., Soukhovolsky V. G.
doaj   +1 more source

The Principal-Agent Model with an Informative Signal to the Advantage of the Agent [PDF]

open access: yesProblemi Ekonomiki, 2019
This article deals with the problem of negative impact of information asymmetry on the market and methods for mitigating it. This problem is solved by using the methods of the economic theory of contracts.
Nykyforchyn Iryna V.
doaj   +1 more source

Simulating the Principal-Agent Relationship between Enterprise Owners and Professional Managers Using Evolutionary Game Theory and System Dynamics

open access: yesComplexity, 2021
The separation of ownership and management is a common operation mode in modern enterprises, which establishes the principal-agent relationship between modern enterprise owners and professional managers.
Liang Yuan   +3 more
doaj   +1 more source

A principal-agent model of corruption [PDF]

open access: yes, 1996
One of the new avenues in the study of political corruption is that of neo-institutional economics, of which the principal-agent theory is a part. In this article a principal-agent model of corruption is presented, in which there are two principals (one ...
Groenendijk, Nico
core   +2 more sources

Concept and historical background of franchise contract and comparing it with commercial agency [PDF]

open access: yesپژوهشنامه حقوق تطبیقی, 2023
In spite of similarities between franchise as a contract and agency, there are differences between them which have theoretical and practical aspects. In this paper we are discussing this similarities and differences from a comparative perspective.
Mostafa Elsan   +2 more
doaj   +1 more source

Optimization of Upstream Oil and Gas Contracts: A Principal-Agent Model [PDF]

open access: yesFaslnāmah-i Pizhūhish/Nāmah-i Iqtisādī, 2020
The history of oil contracts in the last century indicates that oil contracts are a form of conflict between the interests of foreign oil companies and national interests of reservoir-owning governments.
Hojjatollah Baramaki Yazdi   +2 more
doaj   +1 more source

Understanding how heterogeneous agents affect Principal's returns: Perspectives from short-termism and Bayesian learning

open access: yesJournal of Management Science and Engineering, 2023
We consider a general framework of optimal contract design under the heterogeneity and short-termism of agents. Our research shows that the optimal contract must weigh the agent's information rent, incentive cost, and benefit to overcome the contract's ...
Chuan Ding, Yang Li, Zhenyu Cui
doaj   +1 more source

REGULATION AS DELEGATION

open access: yesRussian Journal of Economics and Law, 2016
Objective: to consider the conception of reverse delegation, when the government acts a principal and an individual - an agent, from the point of view of behavioral Principal-Agent Theory.Methods: statistical, method, sociological polling.Results: In ...
O. Bar-Gill, C. R. Sunstein
doaj   +1 more source

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