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If an inspector is work averse and his effort spent on investigating reports is not observable this creates a moral hazard problem whenever there is an imperfect monitoring technology. This problem arises because the organization can not distinguish between an inspection that doesn't find...
Persistent link: https://www.econbiz.de/10005086713
In some estimation problems, especially in applications dealing with information theory, signal processing and biology …, theory provides us with additional information allowing us to restrict the parameter space to a finite number of points. …
Persistent link: https://www.econbiz.de/10005671495
This paper explores a pricing algorithm which behaves as a Walrasian auctioneer under the following constraints: [i] traders arrive randomly and each sales/purchase order should be carried out at the currently posted price (sequential service), [ii] the auctioneer need not know the exact...
Persistent link: https://www.econbiz.de/10005750852
Persistent link: https://www.econbiz.de/10013341246
В статье рассматривается вопрос изменений в социально-экономических формациях логистических потоков и производственных отношений экономической системы...
Persistent link: https://www.econbiz.de/10011227701
This paper offers and tests a theory of training whereby workers do not pay for general training they receive. …
Persistent link: https://www.econbiz.de/10005749011
L'objectif de cet article est de reconsiderer la theorie des irréversibilités decisionnelles dans un cadre non …
Persistent link: https://www.econbiz.de/10005630691