Results 21 to 30 of about 243,902 (282)
Farmers' Preferences for Crop Contracts
Journal of Agricultural and Resource Economics, 1997 An empirical approach combining elements of principal-agent theory and transaction cost economics is used to determine farmers' preferences for contract terms in crop production. The approach is tested by asking grain farmers to rank contract choices and
Kaouthar Lajili +3 more
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Deterministic versus Stochastic Mechanisms in Principal–Agent Models [PDF]
, 2004 This paper shows that, contrary to what is generally believed, decreasing concavity of the agent’s utility function with respect to the screening variable is not sufficient to ensure that stochastic mechanisms are suboptimal.
Strausz, Roland
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Decision making in the problems of forest protection from insect pests [PDF]
Сибирский 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.
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Random Horizon Principal-Agent Problems [PDF]
SIAM Journal on Control and Optimization, 2022 We consider a general formulation of the random horizon Principal-Agent problem with a continuous payment and a lump-sum payment at termination. In the European version of the problem, the random horizon is chosen solely by the principal with no other possible action from the agent than exerting effort on the dynamics of the output process.
Yiqing Lin +3 more
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Corrupt procurement: rethinking the roles of principals and agents
Policy 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
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Aversion to the variability of pay and the structure of executive compensation contracts
Journal of Business Economics and Management, 2015 This paper presents a new implication of an aversion toward the variance of pay (“risk aversion”) for the structure of managerial incentive schemes. In a principal-agent model in which the effort of a manager with mean-variance preferences affects the ...
Pierre Chaigneau
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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
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The Principal-Agent Model with an Informative Signal to the Advantage of the Agent [PDF]
Problemi 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.
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Agricultural Economics (AGRICECON), 2011 Farmers- owned agricultural cooperatives should have the same interests with their farmer owners. However, the operating team of the cooperatives may have different interests.
H. Holly WANG +2 more
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Complexity, 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
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