As a small business owner, it's likely that you routinely employ other people to perform tasks and make decisions on your behalf. Delegating responsibility can take a lot of weight off your shoulders ...

I develop a theoretical model of price discrimination under social influence. I find that social influence gives sellers the incentive to artificially create and maintain excess demand on the market.

Blockchain technology produced a new business model; one that enables companies to profit through creating and releasing open-source code. The decentralisation of business orgs creates new corporate ...

When a principal hires an agent to carry out specific tasks, the hiring is termed a "principal-agent relationship," or simply an "agency relationship." When a conflict of interest between the needs of ...

This is a preview. Log in through your library . Abstract The principal-agent problem in health care asserts that providers, being the imperfect agents of patients, will act to maximize their profits ...

If business is to address its conflicts with an expanding government, it must ensure that its external relations departments are well managed. To do so, corporate managers must manage the border ...

There's one argument floating around out there about the soaring inequality of the modern day and the manner in which CEO pay at public companies has risen so much. That argument being that as ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Michael Boyle is an experienced financial ...

Gen. David Petraeus’ Ph.D. is in international relations, not economics, but he clearly understands the microeconomic phenomenon known as the “principal-agent problem.” Overcoming it is the key ...

Three weeks ago, on May 23, M Rajeshwar Rao, Deputy Governor, Reserve Bank of India, made an important but somewhat mystifying motherhood speech at the Conference of Directors of Banks. The conference ...