Formulating Principal Agent Service Contracts For A Revenue Generating Unit
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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.
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.
Author | : Kirsten Bindemann |
Publisher | : |
Total Pages | : 93 |
Release | : 1999 |
Genre | : Oil and gas leases |
ISBN | : 9781901795158 |
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.
Author | : |
Publisher | : |
Total Pages | : 1156 |
Release | : 1911 |
Genre | : Electric engineering |
ISBN | : |
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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.
Author | : |
Publisher | : |
Total Pages | : 436 |
Release | : 1898 |
Genre | : Heating |
ISBN | : |
Author | : Min-chʼeng Lin |
Publisher | : |
Total Pages | : 538 |
Release | : 2000 |
Genre | : |
ISBN | : |
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Publisher | : |
Total Pages | : 190 |
Release | : 2002-10 |
Genre | : |
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The magazine that helps career moms balance their personal and professional lives.
Author | : Roman L. Weil |
Publisher | : |
Total Pages | : 182 |
Release | : 1999 |
Genre | : Business & Economics |
ISBN | : |