Results 1 to 10 of about 658,976 (287)

Delegation of Monitoring in a Principal-Agent Relationship [PDF]

The Review of Economic Studies, 1997
This paper studies a principal-agent relationship with moral hazard in which the principal or the supervisor can monitor the agent's hidden action by using identical monitoring technologies. The paper shows that delegation of monitoring to the supervisor
Strausz, R.
core   +8 more sources

Social network learning efficiency in the principal–agent relationship

Journal of Management Science and Engineering, 2023
Under the bounded rationality assumption, a principal rarely provides an optimal contract to an agent. Learning from others is one way to improve such a contract.
Chuan Ding, Yilin Hong, Yang Li, Peng Liu   +3 more
doaj   +2 more sources

Committee of the Regions: From Advisory Body to the Second Chamber of the European Parliament [PDF]

Transylvanian Review of Administrative Sciences, 2013
The EU decision-making system is a unique combination of the power of the states and supranational institutions. The relationship between the institutions and the states allows us to establish several competing theoretical explanations while trying to ...
Petr KANIOK, Lenka DAĎOVÁ
doaj   +2 more sources

Monitoring Cooperative Agreements in a Repeated Principal-Agent Relationship [PDF]

Econometrica, 1981
R. Radner
core   +2 more sources

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
doaj   +1 more source

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
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

Research on the Principal–Agent Mechanism of Poverty Alleviation through Mandarin Popularization in Ethnic Minority Areas from the Perspective of Ability Incentive

Systems, 2022
In the process of poverty alleviation through Mandarin popularization in ethnic minority areas, there is a principal–agent relationship. In order to effectively stimulate the endogenous motivation of the public, it is necessary to study the principal ...
Xiaoyang Mu, Li Wang
doaj   +1 more source

Incentives for Promoting Safety in the Chinese Construction Industry

Buildings, 2023
Construction accidents occur frequently in China because the supervision of safety standards mandated by the government has not had its intended effect.
Qun Feng, Kun Wang, Yulong Feng, Xuejun Shi, Yilin Rao, Jia Wei   +5 more
doaj   +1 more source

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
openaire   +4 more sources