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A model of desertion. From a principal-agent theory perspective

open access: yesCuadernos de Economía, 2017
Este artículo estudia la naturaleza de trade-off entre los incentives y los mecanismos de autocumplimento que el líder de una organización armada ilegal, quien actúa como principal, ofrece a sus operativos, quienes son los agentes. El modelo de principal-
María Del Pilar Castillo Valencia   +1 more
doaj   +1 more source

A principal-agent model of corruption [PDF]

open access: yes, 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
core   +2 more sources

A Principal-Agent Theory Perspective on PPP Risk Allocation

open access: yesSustainability, 2019
This study proposes a framework for the allocation of risk in public private partnerships (PPP) projects. Its contribution lies in the recognition and incorporation of risks introduced by project stakeholders, and as articulated by the principal-agent ...
Asheem Shrestha   +4 more
semanticscholar   +1 more source

Network analysis of interconnections between theoretical concepts associated with principal–agent theory concerning construction projects

open access: yesOrganization, Technology and Management in Construction: An International Journal, 2021
Communication risks and asymmetric information among project participants are often associated with poor performance in construction projects. Communication and coordination are prominent issues in recent research on construction management, with little ...
Ceric Anita, Ivic Ivona
doaj   +1 more source

Government subsidies in public-private partnership projects based on altruistic theory

open access: yesInternational Journal of Strategic Property Management, 2020
Nowadays, the public-private partnership (PPP) scheme has been widely adopted in infrastructure projects around the world. In PPP projects, the governments participate as a principal and the investors play the role of an agent, and therefore their ...
Yinglin Wang   +3 more
doaj   +1 more source

Drivers of Corruption and Anti-Corruption Policies in Malawi [PDF]

open access: yesJournal of Public Administration and Development Alternatives, 2020
This article seeks to establish the drivers of corruption in Malawi amidst the plethora of anti-corruption policies and initiatives. It shows that anti-corruption efforts and policies in Malawi can be traced back to the dawn of the multi-party system in ...
J Tengatenga, S Soyiyo
doaj   +1 more source

Can Citizens Affect the Performance of Their Elected Representatives? A Principal–Agent Model of Strategic Interaction in Democratic Systems

open access: yesMathematics, 2020
According to standard economic theory, human beings are expected to work more and better when benefits in the form of lower costs or higher reward increase.
Giuseppe Lanza   +2 more
doaj   +1 more source

Position of OLAF in a multi-level governance system of the European Union [PDF]

open access: yesPrzegląd Europejski, 2019
The author aims to investigate the position of OLAF in the multi-level governance system (MLG) of the European Union with specific inter-institutional consequences of such location, assuming that OLAF is not a classical supranational institution.
Janusz Ruszkowski
doaj   +1 more source

Priorities in the Modern Organization of University Science in the Light of the Principal-Agent Theory

open access: yesВысшее образование в России, 2021
The article focuses on the current state of the balance of interests in the field of organizing research activities in Russian universities. The theoretical framework of the research is the theory of the principal-agent, from the position of which the ...
D. G. Sandler   +3 more
doaj   +1 more source

Moral Hazard in Dynamic Risk Management [PDF]

open access: yes, 2015
We consider a contracting problem in which a principal hires an agent to manage a risky project. When the agent chooses volatility components of the output process and the principal observes the output continuously, the principal can compute the ...
Cvitanić, Jakša   +2 more
core   +5 more sources

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