Principal-Agent
Piece-Rates, Principal-Agent, and Productivity Profiles: Parametric and Semi-Parametric Evidence
... maximize pro ts using numerical methods. However, this is not required to identify productivity and will not be pursued here. In the empirical work that follows, , and x are allowed to change from period to period in ...
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Auditing Policies and Information Systems in Principal-Agent Analysis
... This paper considers the information systems induced by auditing policies in a principal-agent model with moral hazard. We point out that two such information systems A and B are seldom comparable using the ...
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Supervision and Project Performance: A Principal-Agent Approach
... modèle principal-agent est que le principal devrait faire d’autant plus d’effort pour observer l’agent quand ses intérêts divergent de ceux de ...
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Supervision and Project Performance: A Principal-Agent Approach
... modèle principal-agent est que le principal devrait faire d’autant plus d’effort pour observer l’agent quand ses intérêts divergent de ceux de ...
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A Principal-Agent Theory Approach to Public Expenditure Management Systems in Developing Countries
... the principal-agent theory provides very interesting insights for the design of PEM systems, we have only considered a few aspects and many more are worth ...a principal-agent analysis could ...
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Principal-agent problem with multiple principals
... [Jac75] J. Jacod. Multivariate Point Processes: Predictable Projection, Radon-Nikodym Derivatives, Representation of Martingales. Z. Wahrscheinlichkeitstheorie verw, 31(3):235–253, 1975. [Lac15] D. Lacker. Mean field ...
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La relation entre les ONG suisses et la DDC: une approche principal-agent
... schémas principal-agent se concentrent principalement sur le comportement de l’agent et les incitations nécessaires pour les motiver à adapter le comportement souhaité par le ...modèle ...
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A Principal-Agent Theory Approach to Public Expenditure Management Systems in Developing Countries
... the principal-agent theory ...standard principal-agent models involving supervision (Kofman and Lawarrée, 1993, 1996; Khalil and Lawarrée, ...(the principal) because they are required ...
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Dynamic programming approach to principal-agent problems
... (iii) Notice that the controlled drift σλ is assumed to lie in the range of the diffusion matrix. When the diffusion matrix is allowed to degenerate, this represents a restriction of the model, which translates to the ...
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Computational principal-agent problems
... With unlimited liability, the technique for minimizing the expected payment to the agent is well known Hölmstrom 1979: the principal charges the agent a fixed participation fee equal to [r] ...
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Principal-Agent Problem with Common Agency without Communication
... common Agent and we study the model in the con- tinuous time ...the Agent in a non-cooperative Principals model and that in the aggregate model, by showing that these two optimisations coincide only in the ...
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Principal-Agent Problem with Common Agency without Communication
... common Agent and we study the model in the con- tinuous time ...the Agent in a non-cooperative Principals model and that in the aggregate model, by showing that these two optimisations coincide only in the ...
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Free-riding and Fairness in Principal-Multi-Agent Relationships: Experimental Evidence
... designing principal – agent games as a one-to-one relationship in which one principal faces one ...a principal – multi-agent relationship? As pointed out by Holmström in his seminal ...
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Principal Component Analysis for Multivariate Extremes
... June 24, 2019 Abstract The first order behavior of multivariate heavy-tailed random vectors above large radial thresholds is ruled by a limit measure in a regular variation framework. For a high dimensional vector, a ...
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Principal process analysis of biological models
... dynamics. Principal Process Analysis was developed with this objective in mind, and with the final goal of simplifying the original model in one or several sub-models around core active processes that are ...
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Premier, principal, primordial : des adjectifs qui sortent du rang ?
... premier, principal, primordial falling out of line adjectives? The three adjectival expressions premier, principal, primordial are generally considered as being ...& principal are not. On the ...
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Hecke action on the principal block
... 1.5. Contents. In Section 2 we introduce the categories of completed Harish- Chandra bimodules we will work with, and prove that restriction to a Kostant section is fully faithful on an appropriate subcategory. In ...
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Bayesian nonparametric Principal Component Analysis
... Fig. 6 Clustering results for the 200 first images of the MNIST database for digits 6 and 7. encoded as a vector in lexicographic order where pixels with null variance (i.e., pixels mainly located in the image corners) ...
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Conditional functional principal components analysis
... 2.1 The conditional Karhunen-Lo` eve expansion The Karhunen-Lo`eve expansion (Lo`eve, 1978, Castro et al. 1986), also called empirical orthogonal functions in climatology (Preisendorfer and Mobley, 1988), is a direct ...
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Additive Manufacturing Along Principal Stress Lines
... of principal strains within ...same principal directions, as Hooke’s law in linear elasticity for isotropic material indi- cates, the structures derived from principle stress line meth- ods are related to ...
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