Search Results - subject:"Theory"

Optimal delegation and information transmission under limited awareness

Auster, Sarah; Pavoni, Nicola - 2021

We study the delegation problem between a principal and an agent, who not only has better information about the performance of the available actions but also has superior awareness of the set of actions that are actually feasible. The agent decides which of the available actions to reveal and...

Persistent link: https://www.econbiz.de/10012418278

Fundamental drivers of capital structure : evidence from publicly traded non-financial U.S. firms

Sharif, Meskat Ibne - In: International journal of economics and financial issues … 9 (2019) 6, pp. 113-122

Persistent link: https://www.econbiz.de/10012150732

Inter-firm social dilemmas with agency risk

Cason, Timothy Neal; Friesen, Lana; Gangadharan, Lata - 2020

Persistent link: https://www.econbiz.de/10012263179

Optimal stopping in a dynamic salience model

Dertwinkel-Kalt, Markus; Frey, Jonas; Köster, Mats - 2020

stopping strategy. Guided by salience theory, we theoretically and experimentally analyze the implications of skewness …, and we verify that salience theory coherently explains skewness preferences revealed in static and dynamic decisions …. Based on these findings we conclude that the static salience model - unlike (static) cumulative prospect theory - can be …

Persistent link: https://www.econbiz.de/10012263367

The population question in a neoclassical growth model : a brief theory of production per capita

Lüger, Tim - 2019

This work seeks to answer the "population question," i.e. the effect of population growth on production per capita. This question has lingered in economic thought for centuries and to this day two general lines of thought can be identified, which might be marked as the "optimist" and the...

Persistent link: https://www.econbiz.de/10011987234

The when and how of delegated search

Zorc, Sasa; Tsetlin, Ilia; Hasija, Sameer - 2019

Persistent link: https://www.econbiz.de/10012160112

Effective contracting of uncertain performance outcomes : allocating responsibility for performance outcomes to align goals across supply chain actors

Nullmeier, Fabian Manfred Edgar - 2019

Persistent link: https://www.econbiz.de/10012150750

Solution algorithms for optimal buy-back contracts in multi-period channel equilibria with stochastic demand and delayed information

Gholami, Reza Azad; Sandal, Leif Kristoffer; Ubøe, Jan - 2019

Persistent link: https://www.econbiz.de/10012178871

Information design and sequential screening with ex post participation constraint

Heumann, Tibor - In: Theoretical economics : TE ; an open access journal in … 15 (2020) 1, pp. 319-359

We study a principal--agent model. The parties are symmetrically informed at first; the principal then designs the process by which the agent learns his type and, concurrently, the screening mechanism. Because the agent can opt out of the mechanism ex post, it must leave him with nonnegative...

Persistent link: https://www.econbiz.de/10012159075

Contagion of populist extremism

Kishishita, Daiki; Yamagishi, Atsushi - 2020

To explore the propagation of undesirable policies in a form of populist extremism, we construct a social learning model featuring agency problems. Politicians in different countries sequentially implement a policy. Voters learn the incumbent politician's type and the desirable policy by...

Persistent link: https://www.econbiz.de/10012195578