Kniha Formulating Principal-Agent Service Contracts for a Revenue Generating Unit Shuo Zeng

Formulating Principal-Agent Service Contracts for a Revenue Generating Unit

Jazyk: Angličtina
Vazba: Brožovaná
Dostupnost: Skladem u dodavatele
Odesíláme za 5-8 dnů
1 147
This book examines the contractual options between an owner of a revenue generating unit and a provi...

Informace o knize

Jazyk
Angličtina
Vazba
Kniha - Brožovaná
Vydáno
2015
Stránek
129
EAN
9783319186719
ISBN
331918671X
Enbook ID
09266951
Hmotnost
2234
Rozměry
155 x 235 x 8

Kompletní popis

This book examines the contractual options between an owner of a revenue generating unit and a provider of repair service for this unit. The developed framework 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 owner and the agent's service capacity response. In essence, the book provides an extensive formulating analysis of principal-agent contracts given any exogenous parameter values. That is, it derive mathematical formulas for the optimal contract owners and the agent's optimal service capacity. Ultimately a small number of formulas cover a large spectrum of principal-agent conditions.

Mohlo by vás zajímat

433

Servamp

Tanaka Strike
235
290

In a Glass Darkly; Volume 3

JOSEPH SHER LE FANU
859

Unicorn's Picnic

April Hilland
321

Zákaznicí kteří koupili tuto knihu koupili také

1 513

Nur nachts ist es hell

Judith W. Taschler
447

Via dei...

Alessandra Giglio
467

Plus fort que la haine

Léon de Tinseau
299