Formulating Principal-Agent Service Contracts for a Revenue Generating Unit

Formulating Principal-Agent Service Contracts for a Revenue Generating Unit
Author: Shuo Zeng
Publisher: Springer
Total Pages: 134
Release: 2015-07-02
Genre: Business & Economics
ISBN: 3319186728

This book examines contractual options for a performance based contract between an owner of a revenue generating unit and a repair agent for such unit. The framework of the analysis is that of economists' principal-agent problem. The contractual options of a principal and an agent are modeled as a Markov process with an undetermined time horizon. For a risk neutral principal, the authors identify the conditions under which a principal contracts with a risk-neutral, risk-averse, or risk-seeking agent and derive the principal's optimal offer together with the agent's optimal service capacity response. In essence, the book provides an extensive formulating analysis of principal-agent contracts given any exogenous parameter values. Ultimately a small number of formulas cover a large spectrum of principal-agent conditions.

Public Governance and Leadership

Public Governance and Leadership
Author: Rainer Koch
Publisher: Springer Science & Business Media
Total Pages: 588
Release: 2007-11-03
Genre: Law
ISBN: 383509100X

In this book, internationally renowned scholars and practitioners elaborate on political as well as managerial questions, e.g. how to make overriding Public Governance changes the ’guiding model’ for a now needed stronger strategic approach. More specifically, their focus is on how moves towards a re-positioning as an enabling authority are to be made drivers for adapting management systems across all levels. In accordance with present developments, the authors explain how changes in the overall governance structure have to be used to adapt leadership practices in a more output-oriented or even entrepreneurial fashion. Overall, the underlying idea is to provide some further basics for a public sector type of a design-oriented management science.

Computational Complexity

Computational Complexity
Author: Robert A. Meyers
Publisher: Springer
Total Pages: 0
Release: 2011-10-19
Genre: Computers
ISBN: 9781461417996

Complex systems are systems that comprise many interacting parts with the ability to generate a new quality of collective behavior through self-organization, e.g. the spontaneous formation of temporal, spatial or functional structures. These systems are often characterized by extreme sensitivity to initial conditions as well as emergent behavior that are not readily predictable or even completely deterministic. The recognition that the collective behavior of the whole system cannot be simply inferred from an understanding of the behavior of the individual components has led to the development of numerous sophisticated new computational and modeling tools with applications to a wide range of scientific, engineering, and societal phenomena. Computational Complexity: Theory, Techniques and Applications presents a detailed and integrated view of the theoretical basis, computational methods, and state-of-the-art approaches to investigating and modeling of inherently difficult problems whose solution requires extensive resources approaching the practical limits of present-day computer systems. This comprehensive and authoritative reference examines key components of computational complexity, including cellular automata, graph theory, data mining, granular computing, soft computing, wavelets, and more.

Bulletin of the Atomic Scientists

Bulletin of the Atomic Scientists
Author:
Publisher:
Total Pages: 48
Release: 1954-03
Genre:
ISBN:

The Bulletin of the Atomic Scientists is the premier public resource on scientific and technological developments that impact global security. Founded by Manhattan Project Scientists, the Bulletin's iconic "Doomsday Clock" stimulates solutions for a safer world.

Working Mother

Working Mother
Author:
Publisher:
Total Pages: 190
Release: 2002-10
Genre:
ISBN:

The magazine that helps career moms balance their personal and professional lives.

Accounting

Accounting
Author: Roman L. Weil
Publisher:
Total Pages: 182
Release: 1999
Genre: Business & Economics
ISBN: