Results 21 to 30 of about 243,889 (241)

A principal-agent model of corruption [PDF]

, 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

REGULATION AS DELEGATION

Russian 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

A Solvable Time-Inconsistent Principal-Agent Problem

Discrete Dynamics in Nature and Society, 2018
We consider the dynamic contract model with time inconsistency preference of principal-agent problem to study the influence of the time inconsistency preference on the optimal effort and the optimal reward mechanism.
Chao Li, Zhijian Qiu
doaj   +1 more source

Comission agency: Certain open issues [PDF]

Anali Pravnog Fakulteta u Beogradu, 2022
A particularity of commission agency is that the commission agent acts in its own name, but for the account of the principal. The provisions of the Law on Obligations leave certain practical issues conclusively unresolved, and such issues have been ...
Pavić Vladimir, Živković Miloš
doaj   +1 more source

Agent–Principal Dilemma and the EU Chemical Management

Baltic Journal of European studies, 2018
In 2007, the EU adopted the most comprehensive chemical regulation in the world. The so-called REACH requires all chemical producers and importers to register and evaluate their chemical products and, when necessary, replace them with safer alternatives.
Filipec Ondřej
doaj   +1 more source

Innovations in Multilateralism: Reflections on developing INTERPOL’s Agreement on Privileges and Immunities

AJIL Unbound
This essay is part of an ongoing dialogue on INTERPOL’s role in international law and global governance. It argues that INTERPOL’s 2025 General Agreement on the Privileges and Immunities of the ICPO-INTERPOL (General Agreement)1 reflects a remarkable ...
Benjamin Katzenberg, Ananya Kuthiala
doaj   +1 more source

Countervailing Conflicts of Interest in Delegation Games

Games, 2023
In this paper, we investigate optimal delegation mechanisms in the presence of countervailing conflicts of interest in the context of principal–agent problems.
Saori Chiba, Kaiwen Leong
doaj   +1 more source

Solution Concepts of Principal-Agent Models with Unawareness of Actions

Games, 2013
In numerous economic scenarios, contracting parties may not have a clear picture of all the relevant aspects. A contracting party may be unaware of what she and/or others are entitled to determine. Therefore, she may reject a contract that is too good to
Xiaojian Zhao, Ying-Ju Chen
doaj   +1 more source

Conditional Analysis and a Principal-Agent problem

, 2016
We analyze conditional optimization problems arising in discrete time Principal-Agent problems of delegated portfolio optimization with linear contracts.
Backhoff, Julio, Horst, Ulrich
core   +1 more source

A model of desertion. From a principal-agent theory perspective

Cuadernos de Economía, 2017
Este artículo estudia la naturaleza de trade-off entre los incentives y los mecanismos de autocumplimento que el líder de una organización armada ilegal, quien actúa como principal, ofrece a sus operativos, quienes son los agentes. El modelo de principal-
María Del Pilar Castillo Valencia, Giácomo Balbinotto   +1 more
doaj   +1 more source