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Respond to the question: principal agent theory?

01/24/2001 11:39 PM by Brandon; Principal-agent model with constraint
Sorry, this is a repost as I posted it wrongly the 1st time Hi! I don't know if this is what you're looking for but I happen to read these pages in a book Rodrigo recommended recently. Thought it might be useful to you. Take a look
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09/13/2000 08:53 AM by Walter;
Could you be more specific? What I understand from your question, an agent takes decisions subject to a particular contract: "budget" contract. In this case I know that Eric Chow is studing capital misallocation when the CEO is given a fixed budget. If you are interested, check his webpage: , Otherwise, I need more information.

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09/13/2000 04:54 AM by Laurent Franckx; principal-agent theory
Is anybody aware of existing principal-agent models where the agent exercices effort subject to constraints (for instance, a fixed budget allocated by the principal) [View full text and thread]