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Optimal Incentives in a Principal–Agent Model with Endogenous Technology [PDF]
Games, 2018 One of the standard predictions of the agency theory is that more incentives can be given to agents with lower risk aversion. In this paper, we show that this relationship may be absent or reversed when the technology is endogenous and projects with a ...
Marco A. Marini +3 more
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Incentive contract design considering quotas production: A principal-agent perspective [PDF]
HeliyonThe quality of primary products in a supply chain is determined by the agent and the principal. Simultaneously, there are quota production constraints on the principals.
Sen Liu +4 more
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Bounded Rationality in Principal-Agent Relationships [PDF]
German Economic Review, 2017 AbstractWe conducted six treatments of a standard moral hazard experiment with hidden action. The behavior in all treatments and periods was inconsistent with established agency theory. In the early periods, behavior differed significantly between treatments. This difference largely vanished in the final periods.
Mathias Erlei, Heike Schenk-Mathes
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Repeated Principal-Agent Games with Discounting [PDF]
Econometrica, 1985 In a repeated principal-agent game (supergame) in which each player's criterion is his long-run average expected utility, efficient behavior can be sustained by a Nash equilibrium if it is Pareto-superior to a one- period Nash equilibrium. Furthermore, if the players discount future expected utilities, then for every positive epsilon, and every pair of
R. Radner
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BLOCKCHAIN IMPLEMENTATION AND PRINCIPAL-AGENT THEORY [PDF]
Business Excellence and Management, 2023 One of the biggest issues in organization in centuries is problem raised by the relationship between actor inside. This problem called principal-agent problem which explained by principal agent theory (PAT).
Ajeng Septiana WULANSARI
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Variation of Fatty Acids in Cool-Season Grasses
Agronomy, 2022 Cool-season grass samples were collected and analyzed for omega-6 and omega-3 fatty acid (FA) content. Perennial ryegrass, tall fescue, orchardgrass, and Kentucky bluegrass samples were collected on four harvest dates from various trials conducted in the
Marcella Whetsell +3 more
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Principal-agent VCG contracts [PDF]
Journal of Economic Theory, 2019 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Lavi, R, Shamash, Elisheva
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Character of principal: Agent problem in corporate setting [PDF]
Megatrend Revija, 2023 Problems of conflict, motivation and motive are traditionally studied by social psychology and rational choice theory. One can decide whether to cooperate with others. In other case, person will act independently.
Lalević Nina
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The “New Welfarism,” Good Governance, and Electoral Success in Modi’s India
The Journal of Indian and Asian Studies, 2022 According to a number of recent reports, India has been successful in reducing multidimensional poverty levels over the past two decades. This trend is evident under the Modi Era due to successful introduction and implementation of various welfare ...
SHALENDRA SHARMA, ANJALI KANOJIA
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