Results 21 to 30 of about 799,212 (303)
Should You Allow Your Agent to Become Your Competitor? On Non-Compete Agreements in Employment Contracts [PDF]
, 2006 We discuss a principal-agent model in which the principal has the opportunity to include a non-compete agreement in the employment contract. We show that not imposing such an agreement can be beneficial for the principal as the possibility to leave the ...
Kräkel, Matthias, Sliwka, Dirk
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International Entrepreneurship Review, 2022 Objective: We want to better understand what incentives firms to pursue innovations. For this purpose, we set up a new intertemporal principal-agent model.
Friedrich L. Sell
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Dynamic Principal-Agent Models [PDF]
SSRN Electronic Journal, 2016 This paper contributes to the theoretical and numerical analysis of discrete time dynamic principal-agent problems with continuous choice sets. We first provide a new and simplified proof for the recursive reformulation of the sequential dynamic principal-agent relationship.
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Strict liability in a principal-agent model [PDF]
International Review of Law and Economics, 1990 Previous analytical work examining strict liability has generally ignored the existence of moral hazard problems within the firm. In this work, the firm has been implicitly modeled as a single individual (for example, Shave11 [1980, 19821, Landes and Posner [ 19811, Polinsky [1980], Polinsky and Rogerson [1983], and Mantel1 [1984]).’ However, it is ...
Newman, Harry A., Wright, David W.
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A Solvable Dynamic Principal-Agent Model with Linear Marginal Productivity
Discrete Dynamics in Nature and Society, 2018 We study how to design an optimal contract which provides incentives for agent to put forth the desired effort in a continuous time dynamic moral hazard model with linear marginal productivity.
Bing Liu, Zheng Yin, Chong Lai
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Anti-Trafficking Interventions in Nigeria and the Principal-Agent Aid Model
Anti-Trafficking Review, 2014 Following the rising profile of trafficking in persons globally and Nigeria’s position as a critical country in the African region, significant—though insufficient and poorly spent—funding has been deployed towards tackling the problem.
Victoria Ijeoma Nwogu
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The role of the agent's outside options in principal-agent relationships [PDF]
, 2009 We consider a principal-agent model of adverse selection where, in order to trade with the principal, the agent must undertake a relationship-specific investment which affects his outside option to trade, i.e.
A. Darwiche +12 more
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Metsanduslikud Uurimused, 2012 The property rights and the type of ownership (private owners, public domain and commons) are two fundamental concepts in relationship to the local development and to the social and environmental sustainability.
Paletto Alessandro +2 more
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Mathematics, 2023 Liquidated damages mechanisms have been analyzed from a legal perspective and applied to real-world contracts. Due to the lack of application of LDs to common agency theory, this research explores whether the liquidated damages mechanism can resolve ...
Yuxun Zhou +3 more
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Strategies in the principal-agent model [PDF]
Economic Theory, 2012 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
RAIMONDO, ROBERTO, Mirrlees, J.
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