Explicit And Implicit Incentives For Multiple Agents
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Author | : Jonathan C. Glover |
Publisher | : |
Total Pages | : 73 |
Release | : 2014 |
Genre | : |
ISBN | : |
This monograph presents existing and new research on three approaches to multiagent incentives: simpler mechanisms, robust mechanisms, and implicit contracts. The goal of all three approaches is to find theories that better explain observed institutions than the standard approach has.
Author | : Jonathan Glover |
Publisher | : Foundations and Trends(r) in A |
Total Pages | : 86 |
Release | : 2012-12 |
Genre | : Business & Economics |
ISBN | : 9781601986320 |
Explicit and Implicit Incentives for Multiple Agents presents research on three themes related to multiagent incentives. The goal of all three approaches is to find theories that better explain observed institutions than the standard approach has.
Author | : Liang Zou |
Publisher | : |
Total Pages | : 43 |
Release | : 1990 |
Genre | : |
ISBN | : |
Author | : Joel S. Demski |
Publisher | : |
Total Pages | : 58 |
Release | : 1983 |
Genre | : |
ISBN | : |
Author | : Zahirul Hoque |
Publisher | : Spiramus Press Ltd |
Total Pages | : 687 |
Release | : 2018-03-26 |
Genre | : Business & Economics |
ISBN | : 1910151475 |
What is my theory? How do I choose a theory? Why and how should I employ a particular method for collecting the empirical data? These basic questions concern everyone involved in research. A research study can be a voyage of discovering or choice of theoretical perspective as well as gathering empirics or facts on a problem or situation. This book provides a good guideline as to why and how to choose a particular theory or method to study an organisational phenomenon such as accounting. All the chapters provide both retrospective and contemporary views by scholars in the field. Each chapter documents the latest developments and research in accounting and control systems and provides valuable insights into methodological perspectives in accounting research. This second edition has also introduced a number of new chapters covering strategy-management control as practice, grounded theory approach, institutional logic and rhetoric, social interaction theory, actor-network theory and practice theory. The book is primarily intended for research students and academic researchers. It can also be used for undergraduate Honours course as well as postgraduate accounting and business methodology courses. Research organisations and consulting firms in accounting and business fields may also find this book useful. The principal aims of this second edition are (1) to update the chapters previously published in 2006 and (2) to introduce new chapters documenting recent developments in accounting research.
Author | : Nabil I. Al-Najjar |
Publisher | : |
Total Pages | : 23 |
Release | : 1995 |
Genre | : Business ethics |
ISBN | : |
Author | : Jean-Jacques Laffont |
Publisher | : Princeton University Press |
Total Pages | : 436 |
Release | : 2009-12-27 |
Genre | : Business & Economics |
ISBN | : 1400829453 |
Economics has much to do with incentives--not least, incentives to work hard, to produce quality products, to study, to invest, and to save. Although Adam Smith amply confirmed this more than two hundred years ago in his analysis of sharecropping contracts, only in recent decades has a theory begun to emerge to place the topic at the heart of economic thinking. In this book, Jean-Jacques Laffont and David Martimort present the most thorough yet accessible introduction to incentives theory to date. Central to this theory is a simple question as pivotal to modern-day management as it is to economics research: What makes people act in a particular way in an economic or business situation? In seeking an answer, the authors provide the methodological tools to design institutions that can ensure good incentives for economic agents. This book focuses on the principal-agent model, the "simple" situation where a principal, or company, delegates a task to a single agent through a contract--the essence of management and contract theory. How does the owner or manager of a firm align the objectives of its various members to maximize profits? Following a brief historical overview showing how the problem of incentives has come to the fore in the past two centuries, the authors devote the bulk of their work to exploring principal-agent models and various extensions thereof in light of three types of information problems: adverse selection, moral hazard, and non-verifiability. Offering an unprecedented look at a subject vital to industrial organization, labor economics, and behavioral economics, this book is set to become the definitive resource for students, researchers, and others who might find themselves pondering what contracts, and the incentives they embody, are really all about.
Author | : Anjan V. Thakor |
Publisher | : Elsevier |
Total Pages | : 605 |
Release | : 2008-07-07 |
Genre | : Business & Economics |
ISBN | : 0080559921 |
The growth of financial intermediation research has yielded a host of questions that have pushed "design" issues to the fore even as the boundary between financial intermediation and corporate finance has blurred. This volume presents review articles on six major topics that are connected by information-theoretic tools and characterized by valuable perspectives and important questions for future research. Touching upon a wide range of issues pertaining to the designs of securities, institutions, trading mechanisms and markets, industry structure, and regulation, this volume will encourage bold new efforts to shape financial intermediaries in the future. Original review articles offer valuable perspectives on research issues appearing in top journals Twenty articles are grouped by six major topics, together defining the leading research edge of financial intermediation Corporate finance researchers will find affinities in the tools, methods, and conclusions featured in these articles
Author | : Fatos Xhafa |
Publisher | : Springer Nature |
Total Pages | : 856 |
Release | : 2019-11-16 |
Genre | : Technology & Engineering |
ISBN | : 3030343871 |
This edited book is based on the research papers presented at the 4th International Conference on Intelligent, Interactive Systems and Applications (IISA2019), held on June 28–30, 2019 in Bangkok, Thailand. Interactive intelligent systems (IIS) are systems that interact with human beings, media or virtual agents in intelligent computing environments. This book explores how novel interactive systems can intelligently address various challenges and also limitations previously encountered by human beings using different machine learning algorithms, and analyzes recent trends. The book includes contributions from diverse areas of IIS, here categorized into seven sections, namely i) Intelligent Systems; ii) Autonomous Systems; iii) Pattern Recognition and Computer Vision; iv) E-Enabled Systems; v) Internet & Cloud Computing; vi) Mobile & Wireless Communication; and vii) Various Applications. It not only presents theoretical knowledge on the intelligent and interactive systems but also discusses various applications pertaining to different domains.
Author | : Dignum, Virginia |
Publisher | : IGI Global |
Total Pages | : 630 |
Release | : 2009-03-31 |
Genre | : Technology & Engineering |
ISBN | : 1605662577 |
"This book provide a comprehensive view of current developments in agent organizations as a paradigm for both the modeling of human organizations, and for designing effective artificial organizations"--Provided by publisher.