The principal–agent problem refers to the conflict in interests and priorities that arises when one person or entity (the "agent") takes actions on behalf...

problem of serving two masters, is an extension of the principal-agent problem that explains problems that can occur when one person or entity acts on behalf...

open problem. The alignment problem has many parallels with the principal-agent problem in organizational economics. In a principal-agent problem, a principal...

income. The relationship is represented at a general level in the principal-agent problem whose solution is the firm modeled as a set of contracts for efficiently...

principal. However, a principal–agent problem can occur when there is a conflict of interest between the agent and principal. If the agent has more information...

preference-revelation problems and the illogic of voting and collective behaviour. Supply-side failures largely result from principal–agent problem. Government...

relationships that involve a person, called the agent, who is authorized to act on behalf of another (called the principal) to create legal relations with a third...

or excess "skin" is the principal–agent problem whereby transparency and fiduciary obligations are disregarded by principals who have capital or excess...

a "principal" (an organization, person or group of persons), and an "agent". The agent is given powers to make decisions on behalf of the principal. However...

and Johnsen study principal-agent problems. These are incomplete-information games between two players called Principal and Agent, whose payoffs depend...

and management, the principal–agent problem can arise between upper-management (the "agent") and the shareholder(s) (the "principals"). The shareholders...

founders or owners may lose benefits and control. The principal–agent problem, or the agency problem is a key weakness of public companies. The separation...

calculated using a percentage of revenue, a way for firms to solve the principal–agent problem by attempting to realign employees' interests with those of the...

at https://ssrn.com/abstract=2003638 Shah, Sunit N. (2014), The Principal-Agent Problem in Finance, CFA Institute, p. 14 Lo, Andrew W. "The statistics...

government-sponsored agency bonds Agent (disambiguation) Free agency (disambiguation) Agency dilemma or principal–agent problem, in political science, supply...

Bayesian persuasion is a special case of a principal–agent problem: the principal is the sender and the agent is the receiver. It can also be seen as a...

shirking - at the cost of the principal's interest. The principal's problem is how to control and limit shirking by the agent. RCI scholars may also argue...

help to address the principal-agent problem where the management (agents) do not adequately respond to the wishes of the principals (investors) of publicly...

gratuities may solve the principal–agent problem (the situation in which an agent, such as a server, is working for a principal, such as a restaurant owner...

A particular kind of a principal-agent problem is when the agent can compute the value of an item that belongs to the principal (e.g. an assessor can compute...

Gafaelfawr Heimdallr Janus Liminal deity Papa Legba Porter (college) Principal–agent problem Saint Peter Kurt Lewin (2016-04-22). "Frontiers in Group Dynamics:...

reduction of redundant functions. Takeovers may also benefit from a principal-agent problem associated with top executive compensation. For example, it is...

elasticity of demand – Price point – Price specie flow mechanism – Principal–agent problem – Principles of Economics – Prisoner's dilemma – Product bundling...

used to solve models with a principal-agent problem. It suggests that, instead of following the usual assumption that the agent will take an action that...

example of the principal–agent problem. In the classic principal–agent problem, a principal hires an agent to work on their behalf. The agent then seeks to...

autonomy. Moreover, it can result in dark patterns because of the Principal–agent problem. The term "choice architecture" was coined by Richard Thaler and...

moral hazard, which is a problem typical of information asymmetry. This is specifically the case for the principal–agent problem. Fama, E.F., Jensen, M...

explained by the principal-agent problem. In companies ownership and management are separate. Shareholders (the principal) elect directors (the agent) to act on...

the same company". It can also be described as a variant of the principal–agent problem.[clarification needed] A silo mentality primarily occurs in larger...

often treated as a principal–agent problem, with Congress and the Presidency acting as principals and bureaucracy acting as the agent. The government seeks...