Wealth and the principal–agent matching
Sign Up to like & getrecommendations! Published in 2021 at "Managerial and Decision Economics"
DOI: 10.1002/mde.3402
Abstract: I study the role the agent's wealth plays in the principal-agent matching with moral hazard and limited liability. I consider wealth and talent as the agent's type, and size as the firm's (principal's) type. Because… read more here.
Keywords: agent; wealth; principal agent; wealth principal ... See more keywords
Heterogeneous network bandwidth management scheme based on the principal-agent game model
Sign Up to like & getrecommendations! Published in 2017 at "Wireless Networks"
DOI: 10.1007/s11276-015-1167-x
Abstract: In order to provide more comprehensive network services, a concept of integrated heterogeneous network system was introduced. Until now, lots of researchers have focused on how to efficiently integrate different types of wireless and mobile… read more here.
Keywords: heterogeneous network; network; principal agent; scheme ... See more keywords
Agency theory meets matching theory
Sign Up to like & getrecommendations! Published in 2020 at "SERIEs"
DOI: 10.1007/s13209-020-00215-3
Abstract: The theory of incentives and matching theory can complement each other. In particular, matching theory can be a tool for analyzing optimal incentive contracts within a general equilibrium framework. We propose several models that study… read more here.
Keywords: theory; meets matching; matching theory; principal agent ... See more keywords
Using loss aversion to incentivize energy efficiency in a principal–agent context — Evidence from a field experiment
Sign Up to like & getrecommendations! Published in 2020 at "Economics Letters"
DOI: 10.1016/j.econlet.2020.108984
Abstract: Abstract Promoting energy-efficient behavior of agents in a principal–agent context simultaneously decreases costs for firms and mitigates CO2 emissions. Along this line, we analyze the effect of incentive framing on energy-efficient driving behavior. Our results… read more here.
Keywords: energy; using loss; principal agent; loss aversion ... See more keywords
The Paradox of Power: Principal-agent problems and administrative capacity in Imperial China (and other absolutist regimes)
Sign Up to like & getrecommendations! Published in 2019 at "Journal of Comparative Economics"
DOI: 10.1016/j.jce.2019.03.002
Abstract: Tax extraction is often low in absolutist regimes. Why are absolutists unable to convert power into revenue? Supported by evidence from Imperial China, we explain this puzzle with a principal-agent model which reveals that absolutists,… read more here.
Keywords: administrative capacity; principal agent; power; absolutist regimes ... See more keywords
The principal-agent problem in contracting public transport provision to private operators: A case study of the UK Quality Contract Scheme
Sign Up to like & getrecommendations! Published in 2020 at "Utilities Policy"
DOI: 10.1016/j.jup.2020.101131
Abstract: Abstract This study explores the principal-agent problem as part of a broader discussion of the challenges of privatising and outsourcing of public utilities. The research asks: how can a public transport authority (the principal) motivate… read more here.
Keywords: quality; transport; public transport; principal agent ... See more keywords
A principal–agent perspective on consumer co-production: Crowdfunding and the redefinition of consumer power
Sign Up to like & getrecommendations! Published in 2019 at "Technological Forecasting and Social Change"
DOI: 10.1016/j.techfore.2018.06.013
Abstract: This article treats crowdfunding, a practice that helps firms fund new projects using online communities of consumers, as a specific case of co-production. Through the lens of principal–agent theory, the article examines the agency relationship… read more here.
Keywords: agent perspective; principal agent; production; consumer ... See more keywords
twenty years of principal-agent research in EU politics: how to cope with complexity?
Sign Up to like & getrecommendations! Published in 2018 at "European Political Science"
DOI: 10.1057/s41304-017-0129-4
Abstract: In the 20 years after its introduction, the principal-agent model has seen increasing use to study political processes in virtually all policy domains in which the EU is active. Relaxing the strict assumptions that guided the… read more here.
Keywords: research; twenty years; principal agent; years principal ... See more keywords
Delegating Terror: Principal–Agent Based Decision Making in State Sponsorship of Terrorism
Sign Up to like & getrecommendations! Published in 2018 at "International Interactions"
DOI: 10.1080/03050629.2017.1414811
Abstract: ABSTRACT State sponsorship of terrorism, where a government deliberately provides resources and material support to a terrorist organization, is common in the international system. Sponsorship can provide significant strategic and political benefits for a state,… read more here.
Keywords: state; state sponsorship; terrorism; principal agent ... See more keywords
Principal–Agent Dynamics and Electoral Manipulation: Local Risks, Patronage and Tactical Variation in Russian Elections, 2003–2012
Sign Up to like & getrecommendations! Published in 2019 at "Europe-Asia Studies"
DOI: 10.1080/09668136.2019.1681363
Abstract: Abstract Why are some elections manipulated more severely than others, and why do the techniques used to manipulate them vary over time and space? This article addresses these related questions by showing that patronage resources—not… read more here.
Keywords: dynamics electoral; principal agent; 2003 2012; manipulation ... See more keywords
Caveats for the new localism in further education – why the use of principal–agent solutions at the local level will not work
Sign Up to like & getrecommendations! Published in 2017 at "Research in Post-Compulsory Education"
DOI: 10.1080/13596748.2017.1314685
Abstract: Abstract The post-incorporation further education (FE) sector has experienced a number of quasi-markets over the past 23 years designed to incentivise college agents (managers and lecturers) to meet government objectives. To create such quasi-markets principal–agent… read more here.
Keywords: principal agent; local level; agent solutions; education ... See more keywords