Principal-agent theory and research policy: an introduction
نویسندگان
چکیده
منابع مشابه
Rediefining the Government-University Relationship using the Principal-Agent Theory
Government–university relationship has always been challenging. Many theories have emerged to explain this relationship. Among them, the principal-agent theory (PAT) has mainly developed in recent decades. This research aims to utilize PAT as a theoretical framework to redefine the government-university relationship to discover the insights agency theory can offer in this context. From the view...
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Operating reverse logistics in enterprise better or not is directly related to customers’ satisfaction and loyalty. Therefore, many enterprises usually adopt a policy to outsource their reverse logistics in order to strengthen their competence in the market. How to design an incentive mechanism is a key problem in reverse logistics outsourcing management. Through the reputation effects model pu...
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Principal Agent Theory (PAT) seeks to identify incentives and sanctions that a consumer should offer a producer as part of a contract in order to maximise the former’s utility. However, identifying optimal contracts in large systems is difficult, particularly when little information is available about producer competencies. In this work we propose that a global contract be used to govern such i...
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ژورنال
عنوان ژورنال: Science and Public Policy
سال: 2003
ISSN: 0302-3427,1471-5430
DOI: 10.3152/147154303781780290