Search Results - subject:"deterministic mechanisms"

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Deterministic versus Stochastic Mechanisms in Principal-Agent Models

Strausz, Roland - 2004

for most applications of the theory and therefore validates the literature's usual focus on deterministic mechanisms. …

Persistent link: https://www.econbiz.de/10010333850

Deterministic versus Stochastic Mechanisms in Principalâ€“Agent Models

Strausz, Roland - Volkswirtschaftliche Fakultät, … - 2004

for most applications of the theory and therefore validates the literatureâ€™s usual focus on deterministic mechanisms. …

Persistent link: https://www.econbiz.de/10005785903

Deterministic versus stochastic mechanisms in principal–agent models

Strausz, Roland - 2004

for most applications of the theory and therefore validates the literature's usual focus on deterministic mechanisms. …

Persistent link: https://www.econbiz.de/10010370532

Buried in Paperwork: Excessive Reporting in Organizations

Strausz, Roland

This paper explains why a principal may demand too much paperwork from a subordinate: Due to limited liability and moral hazard a principal is unable to appropriate all rents. Internal paperwork allows a more accurate monitoring of the agent and enables the principal to appropriate a larger part...

Persistent link: https://www.econbiz.de/10005626247

Deterministic versus Stochastic Mechanisms in Principal--Agent Models

Strausz, Roland

for most applications of the theory and therefore validates the literature's usual focus on deterministic mechanisms. …

Persistent link: https://www.econbiz.de/10005745379