Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
Results
Showing 1 to 18 of 18 for “"Principal-agent model"”.
-
"Learning and experimentation in a ""principal-agent"" framework"
… is to introduce learning and experimenting in a principal-agent model, where the agent has some private information which is valuable for the principal. Intuitively this should lead the principal to experiment in order to improve his knowledge. For this to be possible the information must be …
-
Optimal long-term financing under ambiguous volatility
I study a continuous-time principal-agent model with hidden action in which the principal and the agent have ambiguous beliefs about the volatility of the project cash flows. I describe a novel formulation that captures uncertainty about the underlying volatility process show how it affects the …
-
Essays on dynamic contracts
… dynamic contracts. Chapter One studies a dynamic principal-agent model in which the agent continuously works on a project which may yield a success. The principal cannot observe the success, but she observes imperfect signals over time after the agent stops working. The principal is more patient …
-
An agency/transactions-costs approach and application to vertical coordination arrangements in food and agricultural markets
… in between. By including asset specificity in a principal-agent model under conditions of uncertainty and different risk attitudes, the study's main argument has been that both individuals' characteristics (such as risk attitudes, leverage position, and size) and transaction attributes jointly …
-
A Study of the Relationship Between Revenue Sources and Undergraduate Students' Graduation Rates at Public Research Universities
… the resource dependency theory, and the Principal-Agent Model to investigate undergraduate students' four-year and six-year graduation rates as an institutional product. The research provides a greater degree of transparency into the relationship between dollars invested in public …
-
Three essays in microeconomics of public enterprises under asymmetric information and uncertainty
In Chapter 1, we present a model describing the control of a single public enterprise in a less developed country environment, through the imposition of an allocation scheme--consisting of an output target at a particular unit cost--by a central planner. We assume information asymmetry with a …
-
District Magnitude the Tie that Binds: A Comparative Analysis of Political Behavior
… elected officials. Through application of the principal-agent model, I argue that mid-size magnitudes are small enough to limit the number of representatives that serve a district which helps to make elected officials identifiable for their service and ultimately creates closer constituent …
-
The problem of management accountability in the public sector of the United Arab Emirates (UAE) : case study of two public sector organisations
… the search of the author, who himself is a main Agent, as per the Principal-Agent Model developed in the study, for proper Management Accountability in his public sector organization. The problem of low level of Management Accountability in the public sector of the UAE has been pervasive in the …
-
Horizontal integration under yardstick competition
… to dominate efficiency effects are derived in a principal-agent model. The thesis also demonstrates that the issue is not merely of academic interest, but has affected the practical application of yardstick competition in the electricity distribution industries of both Belgium and Norway. Chapter …
-
Four essays in financial economics
… risk sharing and CEO compensation. Using a principal agent model, I addressed theoretically the optimal tradeoff between the inefficient risk sharing and a high incentive, to conclude that the optimal CEO pay performance level should be negatively related to the level of idiosyncratic …
-
Implicit costs of data and analytics
… utilizes Holmstrom and Milgrom's Multitask Principal-Agent Model to evaluate the impacts that incentives, metrics, measurability, and job design have on the firm's payoff. This model and ensuing analysis provide guidance for firms to avoid the pitfalls that accompany an increased reliance on …
-
Evaluation of Food Assistance Programs and Implications of Patients' Health Information Seeking
… States. The first essay applies a multi-market model to three developing countries and simulate recent spikes in staple prices and food aid impacts. Results indicate that higher food prices would result in reduction in household real income and deterioration of household welfare. Food aid in the …
-
Essays on Corruption and Enforcement
… In the first chapter, we construct a principal – agent – auditor model with adverse selection in which the principal optimally allows bribery to occur due to the potential for extortion. This result mirrors the moral hazard model of Khalil, Lawarrée and Yun (2010). I introduce a …
-
Essays on Empirical Analysis of Continuous-Time Models of Industrial Organization
… The first essay describes and estimates the model of bidding on eBay. Internet auctions (such as eBay) differ from the traditional auction format in that participants 1) typically face a choice over several simultaneous auctions and 2) often have limited information about rival bidders. Since …
-
Essays on the Economics of Information
… Yifan Dai. The third and final chapter studies a principal-agent model in which actions are imperfectly contractible and the principal chooses the extent of contractibility at a cost. If 3contractibility costs satisfy a monotonicity property—which is implied by costs that come from difficulties in …
-
Designing Public Organizations and Institutions: Essays on Coordination and Incentives
… coordination. The first essay uses a multi-task principal-agent model to examine two reasons why coordination problems are common when public sector organizations share responsibilities: the incentives to coordinate resource allocation and the difficulties of measuring performance. When targets …
-
Creating global synergies: inter-organizational cooperation in peace operations
… introducing an innovative collective principals-multiple agents framework. There are three rational-interest explanations for inter-organizational cooperation tested: resources, complementarity, and conflict complexity. I also tested three social-constructivist arguments for …