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contextualized institutions 1 control process theory 1 fuzzy information 1 nature of the firm 1 principal–agent model 1
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Goorha, Prateek 1
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European Journal of Economics and Economic Policies: Intervention 1
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Did you mean: subject:"principal€“agent model" (316 results)
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Institutions as context-sensitive control superstructures for firms
Goorha, Prateek - In: European Journal of Economics and Economic Policies: … 10 (2013) 3, pp. 327-327
This paper addresses the lack of context-sensitivity in institutional analysis by introducing control process theory. It suggests that institutions can be seen as control process superstructures that provide a specific environment within which control action is undertaken for a...
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