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 20 of 114 for “"principal-agent"”.
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"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 …
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Essays on information gathering in principal-agent contracts
This dissertation is a collection of essays on principal-agent contracts under asymmetry of information. The papers investigate how the possibility of acquiring information influences contracts. The first essay analyzes the contract between a principal and an agent, when the principal can conduct …
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Principal-agent alignment and relational incentive contracts in high-performance service operations
This thesis focuses on the creation of a high-performance service operations organization. As organizations increasingly compete on service quality, increased attention has been given to measuring, tracking, and improving customer satisfaction. This thesis 1) provides a novel framework for service …
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Pension Fund Managers, Certified Public Accountants and Actuaries: A Principal -Agent Analysis of Information Provision
… between a pension fund administrator and his/her agent(s) and provides the pension administrator rules for using different contracting models in contracting with his/her agents.
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Assessing the Principal Agent Problem in Mobile Money Services: Lessons from M – PESA in Lesotho
… are inherently related to the existence of the principal – agent problem and their implications on availability and access to the services. The research study was conducted using a qualitative approach. Qualitative information was collected through interviews guided by open – ended …
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Dangerous delegation: explaining the rationales and outcomes of state sponsorship of terrorism through the principal-agent framework
… state sponsorship as a relationship between a principal and agent, I develop a consistent theoretical model that explains why states pursue this foreign policy strategy, as well as how they rationally attempt to minimize the inherent risks of delegating to violent non-state actors. I test my …
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Principal-agent, risk, and market structure effects on health maintenance organization choice of payment method for primary care physicians
This research analyzes determinants of HMO compensation (salary, fee-for-service, and capitation) for primary care physicians. First, a theoretical model is constructed to analyze physician preferences for fee-for-service versus capitation based on payment risk characteristics. The analysis shows …
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Utilizing principal agent and principal steward theories to assess the efficiacy of public private partnership in delivering black economic empowerment
… and the established companies is a typical Principal Agent (PA) relationship, and has quintessentially been beset with moral hazard and adverse selection problems militated by asymmetric information favoring the established companies. The identification of the construction industry as the …
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The Risks of Outsourcing Security: Foreign Security Forces in United States National Security Policy
… doubt highlights an international analog to the principal-agent problem normally associated with domestic civil-military relations. I examine why this international principal-agent problem arose, how it has evolved over the past century, and how this evolution has shifted the U.S.'s approach to …
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A Study of Human Decision-Making in Economic Games
… common payment mechanisms employed in the dual-principal agent relationships (Piece Rate, Flat Rate, Salary, Bonus and Socialization) and examines the effect that different incentive structures have on agent behavior. In Chapter III I explore the potential outcomes of blended payment structures …
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Tactical Control or Bureaucratic Tactics? An Analysis of Checks and Controls on Local, Hybrid, and Substate Forces in US Foreign Policy
… typify the sort of control mechanisms that Principal-Agent theory assumes patrons will deploy to better control or constrain agents. However, in many situations, these control mechanisms appeared to be driven more by political bargaining between different actors in the policy-making process, …
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Optimal Contracts for Legal Services
… examined is an application of the general principal-agent problem. The agent (lawyer) takes an action that, together with the realization of a random variable (merit), determines the outcome of the case (settlement value). The merit of the case refers to the actual facts present in the …
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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 …
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EXAMINING HOW TENNESSEE STATE MERIT AID INFLUENCES INSTITUTIONAL GRANT AID: A DIFFERENCE-IN-DIFFERENCES APPROACH
… to change their institutional grant aid. Principal agent and resource dependence theories together establish state and institutional context as well as inform potential institutional responses to the TELS program. Data are primarily observed at the institution-level from 2000 to 2009 and …
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Corporate Governance, Ceo Compensation and total shareholder returns in South Africa
… corporate governance measures in addressing the principal/agent problem, The on-going displeasure displayed by the media and business commentators, relating to apparent excessive and unwarranted executive directors’ salaries, has increased since the financial turmoil experienced in 2008. The …
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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 …
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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 …
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Understanding Structural, Governance and Regulatory Incentives for Improved Utility Performance: A Comparative Analysis of Electricity Utilities in Tanzania, Kenya and Uganda
… literature of power sector reforms and applies a Principal–Agent theory lens to obtain a deeper understanding of the dynamics between principals (government/regulators/capital providers) and agents (utility managers) and how these impact on performance. A comparative case study analysis was …
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Communication, Information, and Learning
… signaling games. The third chapter studies principal-agent settings where the principal has private information, both the principal and agent take actions, and the agent's action is subject to moral hazard. Unlike past work focusing on explicit contracts, we allow the principal to propose …
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