Results 11 to 20 of about 403,862 (289)
Countervailing Conflicts of Interest in Delegation Games
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
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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
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Incentives for Promoting Safety in the Chinese Construction Industry
Construction accidents occur frequently in China because the supervision of safety standards mandated by the government has not had its intended effect.
Qun Feng +5 more
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Principal‐agent and Peer Relationships in Tournaments [PDF]
Effort provision in tournaments may depend on both social preferences towards the competitor and social preferences towards the principal who designed the tournament. In a laboratory experiment, we analyze agents' behavior in different tournament settings that vary the distribution of the prize between agents.
Eisenkopf, Gerald, Teyssier, Sabrina
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Principal–Agent Relationship Within a Cruise Supply Chain Model for China
Changes in travelers’ booking habits and the evolution of technology have come to threaten the existence of traditional travel agents (TAs). However, the cruise industry still relies heavily on TAs as its main distribution channel.
A. Chu, Cathy H. C. Hsu
semanticscholar +1 more source
Bounded Rationality in Principal-Agent Relationships [PDF]
Abstract We 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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Principal-Agent in Implementing Village Funds in Linggo Village, Kejayan District, Pasuruan Regency
The village fund is one of the many policy programs carried out by the government sourced from the state budget (APBN) which is allocated directly to the village.
Aminullah Aminullah
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Principal agent relationships and the efficiency of hospitals [PDF]
The efficiency of hospitals is an important political issue and has been the subject of a number of studies. Most studies find evidence for inefficiency but provide no theoretical explanations for differences in efficiency. This study used principal agent theory to explain differences in efficiency between hospitals. Two agency issues are examined: (1)
Ludwig, M., Merode, F., Groot, W.N.J.
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Demand for the truth in principal–agent relationships [PDF]
Consider the following puzzle: If earnings management is harmful to shareholders, whydon't they design contracts that induce managers to reveal the truth? To answer this question, we model the shareholders-manager relationship as a principal-agent game in which the agent (the manager) alone observes the economic outcome.
Joshua Ronen, Varda Lewinstein Yaari
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Principal-agent Relationships: A Note on Biomass Depletion
Public authorities frequently mandate public or private agencies to manage their renewable natural resources. Contrary to the agency, which is an expert in renewable natural resource management, public authorities usually ignore the sustainable level of harvest. In this note, we first model the contractual relationship between a principal, who owns the
Dragicevic, Arnaud, Garcia, Serge
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