Results 21 to 30 of about 250,500 (300)
Principal–agent approach to energy executive compensation design
Energy 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
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Decision Support Systems, 2009 In this paper we present a merging, and hence an extension, of two recent learning methods, utility-based learning and strategic or adversarial learning. Recently, utility-based learning brings to the forefront the learner's utility function during induction.
Operations and Information Management, School of Business, University of Connecticut, CT, USA ( host institution ) +3 more
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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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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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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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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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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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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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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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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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