The principal–agent problem (often abbreviated agency problem) refers to the conflict in interests and priorities that arises when one person or entity...

problem of serving two masters, is an extension of the principal-agent problem that explains problems that can occur when one person or entity acts on behalf...

open problem. The alignment problem has many parallels with the principal-agent problem in organizational economics. In a principal-agent problem, a principal...

relationships that involve a person, called the agent, who is authorized to act on behalf of another (called the principal) to create legal relations with a third...

or excess "skin" is the principal–agent problem whereby transparency and fiduciary obligations are disregarded by principals who have capital or excess...

used to solve models with a principal-agent problem. It suggests that, instead of following the usual assumption that the agent will take an action that...

calculated using a percentage of revenue, a way for firms to solve the principal–agent problem by attempting to realign employees' interests with those of the...

principal. However, a principal–agent problem can occur when there is a conflict of interest between the agent and principal. If the agent has more information...

reduction of redundant functions. Takeovers may also benefit from a principal-agent problem associated with top executive compensation. For example, it is...

a "principal" (an organization, person or group of persons), and an "agent". The agent is given powers to make decisions on behalf of the principal. However...

founders or owners may lose benefits and control. The principal–agent problem, or the agency problem is a key weakness of public companies. The separation...

at https://ssrn.com/abstract=2003638 Shah, Sunit N. (2014), The Principal-Agent Problem in Finance, CFA Institute, p. 14 Lo, Andrew W. "The statistics...

example of the principal–agent problem. In the classic principal–agent problem, a principal hires an agent to work on their behalf. The agent then seeks to...

and management, the principal–agent problem can arise between upper-management (the "agent") and the shareholder(s) (the "principals"). The shareholders...

this reason, and because common property regimes can avoid the principal-agent problem, the specific local knowledge within common property regimes typically...

income. The relationship is represented at a general level in the principal-agent problem whose solution is the firm modeled as a set of contracts for efficiently...

gratuities may solve the principal–agent problem (the situation in which an agent, such as a server, is working for a principal, such as a restaurant owner...

Bayesian persuasion is a special case of a principal–agent problem: the principal is the sender and the agent is the receiver. It can also be seen as a...

help to address the principal-agent problem where the agents (management) do not adequately respond to the wishes of the principals (investors) of publicly...

Gafaelfawr Heimdallr Janus Liminal deity Papa Legba Porter (college) Principal–agent problem Saint Peter Kurt Lewin (2016-04-22). "Frontiers in Group Dynamics:...

and Johnsen study principal-agent problems. These are incomplete-information games between two players called Principal and Agent, whose payoffs depend...

disconnects problems, solutions, and decision-makers from each other. Principal–agent problem, concerns the difficulties in motivating one party (the "agent"),...

"principal-agent problem," where the incentives of the principal (e.g., the government or a company) do not align with the incentives of the agent (e...

explained by the principal-agent problem. In companies ownership and management are separate. Shareholders (the principal) elect directors (the agent) to act on...

relationship between sponsors and proxies can be characterized by principal-agent problems whereby the sponsor may be unable to control the actions of the...

more general terms, mutual organizations are able to minimize the principal–agent problem by removing one stakeholder, the investor-owner, in favor of one...

shirking - at the cost of the principal's interest. The principal's problem is how to control and limit shirking by the agent. RCI scholars may also argue...

a well documented sequence described in economic theory as the principal–agent problem. Intermediaries seek profit maximization. In the context of investment...

moral hazard, which is a problem typical of information asymmetry. This is specifically the case for the principal–agent problem. Fama, E.F., Jensen, M...

Organized crime Pay to play Pizzo (extortion) Political corruption Principal–agent problem Racket (crime) Revolutionary tax Taxation as theft Taxation of...