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Showing 1 to 2 of 2 for “"two-principal-one-agent model"”.
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The Social Cost of Fiscal Federalism and the Depletion of China’s Native Forests
… enterprise deforestation. We first develop a two-principal, one-agent model that fits the federalistic organization state forests, in that state forest managers make (potentially hidden) decisions under influence of provincial and central government policies and quotas meant to direct manager …
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Essays in Game Theory and Forest Economics
… games. We show that r-essential games have a nonempty core. We give a recursive description of the core. Moreover, it is shown that the core and the bargaining set are equivalent for every r-essential game. An application to networks is provided. The second chapter employs a two-principal, …