The present study examines the dynamic principal-agent problem, in an optimal control framework, with an emphasis on the equity issues. It is demonstrated that (a) cooperative solutions will not be ...

type of principal-agent problem. In economics, scholars have traditionally distin guished between two types of principal-agent problems: those resulting from hid den actions, and those resulting from ...

The varying self-interests in the multi-principal model of SOEs makes it difficult for the agent to act in the interests of both principals when they have potentially competing goals and objectives.

This is one solution to the principal-agent problem. Often smaller companies are not public and simply cannot offer stock options, but larger public firms can and do.

Neglected in today's debates about automation and the future of work is any consideration of principal-agent dynamics in the settings most open to technological interventions. Although a crude ...

The principal-agent problem and owner-managers: An instrumental variables application to nursing home quality This paper expands the literature on the heterogeneity among nursing home facilities by ...

Neglected in today's debates about automation and the future of work is any consideration of principal-agent dynamics in the settings most open to technological interventions. Although a crude ...