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Author : Bengt Holmström
Publisher :
ISBN 13 :
Total Pages : 47 pages
Book Rating : 4.:/5 (28 download)
Download or read book Multi-task Principal-agent Analyses: Incentive Contracts, Asset Ownership and Job Design written by Bengt Holmström and published by . This book was released on 1990 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Valérie Rabassa
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (87 download)
Download or read book Optimal Contracts in Multitask Principal/agent Framework written by Valérie Rabassa and published by . This book was released on 1995 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Veikko Thiele
Publisher :
ISBN 13 :
Total Pages : 8 pages
Book Rating : 4.:/5 (129 download)
Download or read book Aggregating Performance Measures in Multitask Principal-Agent Relationships written by Veikko Thiele and published by . This book was released on 2010 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt: It has been argued in the multitask agency literature that effort distortion can be mitigated by applying several performance measures in incentive contracts. This paper analyzes the efficient aggregation of multiple performance measures aimed at motivating non-distorted effort. It demonstrates that non-distorted effort can be induced by combining a sufficient quantity of informative performance measures. However, this is only optimal if the required aggregation concurrently maximizes the precision of the agent's performance evaluation. This paper further illustrates how the optimal performance evaluation is affected by individual agent's ability to perform relevant tasks.
Author : Bernard Sinclair-Desgagné
Publisher :
ISBN 13 :
Total Pages : 10 pages
Book Rating : 4.:/5 (255 download)
Download or read book The First-order Approach to Multi-task Principal-agent Problems written by Bernard Sinclair-Desgagné and published by . This book was released on 1991 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Glenn Poppe
Publisher :
ISBN 13 :
Total Pages : 110 pages
Book Rating : 4.:/5 (228 download)
Download or read book Specialization in the Multitask Principal-agent Model written by Glenn Poppe and published by . This book was released on 2006 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Randall S. Kroszner
Publisher : Cambridge University Press
ISBN 13 : 1316025233
Total Pages : 664 pages
Book Rating : 4.3/5 (16 download)
Download or read book The Economic Nature of the Firm written by Randall S. Kroszner and published by Cambridge University Press. This book was released on 2009-09-21 with total page 664 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together classic writings on the economic nature and organization of firms, including works by Ronald Coase, Oliver Williamson, and Michael Jensen and William Meckling, as well as more recent contributions by Paul Milgrom, Bengt Holmstrom, John Roberts, Oliver Hart, Luigi Zingales, and others. Part I explores the general theme of the firm's nature and place in the market economy; Part II addresses the question of which transactions are integrated under a firm's roof and what limits the growth of firms; Part III examines employer-employee relations and the motivation of labor; and Part IV studies the firm's organization from the standpoint of financing and the relationship between owners and managers. The volume also includes a consolidated bibliography of sources cited by these authors and an introductory essay by the editors that surveys the new institutional economics of the firm and issues raised in the anthology.
Author : Bengt Holmström
Publisher :
ISBN 13 :
Total Pages : 47 pages
Book Rating : 4.:/5 (63 download)
Download or read book Multi-task Principle-agent Analyses written by Bengt Holmström and published by . This book was released on 1990 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Veikko Thiele
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Task-Specific Abilities in Multi-Task Principal-Agent Relationships written by Veikko Thiele and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes a multi-task agency framework where the agent exhibits task-specific abilities. It illustrates how incentive contracts account for the agent's task-specific abilities if contractible performance measures do not reflect the agent's multidimensional contribution to firm value. This paper further sheds light on potential ranking criteria for performance measures in multi-task principal-agent relationships. It demonstrates that performance measures in multi-task agencies cannot necessarily be compared by their respective signal-to-noise ratio as in single-task agency relationships. In fact, it is indispensable to take the induced effort distortion and the measure-cost efficiency into consideration - both determined by the agent's task-specific abilities.
Author : Ernst Fehr
Publisher :
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4.:/5 (249 download)
Download or read book Fairness and Incentives in a Multi-task Principal-agent Model written by Ernst Fehr and published by . This book was released on 2004 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Jeffrey William Holloway
Publisher :
ISBN 13 :
Total Pages : 120 pages
Book Rating : 4.:/5 (295 download)
Download or read book The Effects of Costly Monitoring on Efficient Multi-task Principal-agent Relationships written by Jeffrey William Holloway and published by . This book was released on 1991 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Jon Lundesgaard
Publisher :
ISBN 13 :
Total Pages : 42 pages
Book Rating : 4.:/5 (464 download)
Download or read book A Multi-task Simplified Principal-agent Model written by Jon Lundesgaard and published by . This book was released on 1992 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Einar Hope
Publisher : Psychology Press
ISBN 13 : 9780415226530
Total Pages : 264 pages
Book Rating : 4.2/5 (265 download)
Download or read book Competition Policy Analysis written by Einar Hope and published by Psychology Press. This book was released on 2000 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: As markets become increasingly integrated and globalised, competition policy is facing new challenges. Contributions from leading international experts explore theoretical and methodological issues of practical relevance for the new competition policy order and give examples of practical policy adjustments.
Author : Gian Italo Bischi
Publisher : Springer Science & Business Media
ISBN 13 : 3642295037
Total Pages : 449 pages
Book Rating : 4.6/5 (422 download)
Download or read book Global Analysis of Dynamic Models in Economics and Finance written by Gian Italo Bischi and published by Springer Science & Business Media. This book was released on 2012-08-07 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essays in this special volume survey some of the most recent advances in the global analysis of dynamic models for economics, finance and the social sciences. They deal in particular with a range of topics from mathematical methods as well as numerous applications including recent developments on asset pricing, heterogeneous beliefs, global bifurcations in complementarity games, international subsidy games and issues in economic geography. A number of stochastic dynamic models are also analysed. The book is a collection of essays in honour of the 60th birthday of Laura Gardini.
Author : Louis Putterman
Publisher : Cambridge University Press
ISBN 13 : 9780521556286
Total Pages : 404 pages
Book Rating : 4.5/5 (562 download)
Download or read book The Economic Nature of the Firm written by Louis Putterman and published by Cambridge University Press. This book was released on 1996-01-26 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together selections from the most influential writings on the internal economic organisation of business firms.
Author : Nicolai J. Foss
Publisher : Taylor & Francis
ISBN 13 : 9780415196390
Total Pages : 344 pages
Book Rating : 4.1/5 (963 download)
Download or read book The Theory of the Firm written by Nicolai J. Foss and published by Taylor & Francis. This book was released on 2000 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Zhu Han
Publisher : Cambridge University Press
ISBN 13 : 1108278701
Total Pages : 509 pages
Book Rating : 4.1/5 (82 download)
Download or read book Game Theory for Next Generation Wireless and Communication Networks written by Zhu Han and published by Cambridge University Press. This book was released on 2019-06-27 with total page 509 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discover the very latest game-theoretic approaches for designing, modeling, and optimizing emerging wireless communication networks and systems with this unique text. Providing a unified and comprehensive treatment throughout, it explains basic concepts and theories for designing novel distributed wireless networking mechanisms, describes emerging game-theoretic tools from an engineering perspective, and provides an extensive overview of recent applications. A wealth of new tools is covered - including matching theory and games with bounded rationality - and tutorial chapters show how to use these tools to solve current and future wireless networking problems in areas such as 5G networks, network virtualization, software defined networks, cloud computing, the Internet of Things, context-aware networks, green communications, and security. This is an ideal resource for telecommunications engineers, and researchers in industry and academia who are working on the design of efficient, scalable, and robust communication protocols for future wireless networks, as well as graduate students in these fields.
Author : Jed DeVaro
Publisher : Emerald Group Publishing
ISBN 13 : 0857247603
Total Pages : 327 pages
Book Rating : 4.8/5 (572 download)
Download or read book Advances in the Economic Analysis of Participatory and Labor-Managed Firms written by Jed DeVaro and published by Emerald Group Publishing. This book was released on 2011-09-20 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contains a stimulating collection of original papers spanning a variety of topics. This title contains three papers on the subject of job design and organizational performance, covering the determinants of multiskilling from a theoretical perspective and also the empirical effect of multiskilling and teams on financial performance.
