Download or read book Contract Theory written by Patrick Bolton and published by MIT Press. This book was released on 2004-12-10 with total page 746 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive introduction to contract theory, emphasizing common themes and methodologies as well as applications in key areas. Despite the vast research literature on topics relating to contract theory, only a few of the field's core ideas are covered in microeconomics textbooks. This long-awaited book fills the need for a comprehensive textbook on contract theory suitable for use at the graduate and advanced undergraduate levels. It covers the areas of agency theory, information economics, and organization theory, highlighting common themes and methodologies and presenting the main ideas in an accessible way. It also presents many applications in all areas of economics, especially labor economics, industrial organization, and corporate finance. The book emphasizes applications rather than general theorems while providing self-contained, intuitive treatment of the simple models analyzed. In this way, it can also serve as a reference for researchers interested in building contract-theoretic models in applied contexts.The book covers all the major topics in contract theory taught in most graduate courses. It begins by discussing such basic ideas in incentive and information theory as screening, signaling, and moral hazard. Subsequent sections treat multilateral contracting with private information or hidden actions, covering auction theory, bilateral trade under private information, and the theory of the internal organization of firms; long-term contracts with private information or hidden actions; and incomplete contracts, the theory of ownership and control, and contracting with externalities. Each chapter ends with a guide to the relevant literature. Exercises appear in a separate chapter at the end of the book.
Download or read book Economic Analysis of Information and Contracts written by Gerald A. Feltham and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: The three coeditors knew John Butterworth for many years and had worked closely with him on a number of research projects. We respected him as a valuable colleague and friend. We were greatly saddened by his untimely death. This book is an attempt to remember him. We dedicate the volume to John with thanks for the contributions he made to our research, to the Faculty of Commerce and Business Administration at the University of British Columbia, and to the accounting profession. This volume contains twelve invited papers on the general topic of the economic theory of information and contracts. We asked leading scholars who had known John to contribute papers. The response was very gratifying. The authors provided us with new strong research papers that should make a lasting contribution to the accounting and information economics research literature, and make us all proud to have put this volume together. The research papers in the volume are in three sections: information evaluation in multi person conte)l:ts; contracting in agencies under moral hazard; and contracting in agencies with private information. We begin part I with Jerry Feltham's review of John Butterworth's pioneering contributions to the accounting and information economics literature. This is followed by an introduction to the papers in the volume and the papers themselves.
Download or read book Economics of Accounting written by Peter Ove Christensen and published by Springer Science & Business Media. This book was released on 2006-03-30 with total page 675 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an integrated, technical exposition of key concepts in agency theory, with particular emphasis on analyses of the economic consequences of the characteristics of contractible performance measures, such as accounting reports. It provides a succinct source for learning the fundamentals of the economics of incentives. It will appeal to accounting researchers as well as those in other disciplines who are interested in the economics of management incentives.
Download or read book On Incentives to Help in Multi agent Situations written by Hideshi Itō and published by . This book was released on 1988 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper concerns moral hazard problems in multi-agent situations where cooperation is an issue. Each agent chooses his own effort, which improves stochastically the outcome of his own job. Agents also choose the amount of 'help' to extend to other agents, which improves the performance of other agents. By selecting appropriate compensation schemes, the principal can design the task structure of the firm: The principal may prefer an unambiguous division labor, where each agent is inclined not to help other agents and specializes in his own job. Or the principal may prefer teamwork where each agent is motivated to help other agents. The analysis identifies two important determinants in choosing the optimal task structure; the effect of 'interpersonal interaction' and the attitude of the agents in providing 'small' amounts of help.
Download or read book Introduction to Theory of Control in Organizations written by Vladimir N. Burkov and published by CRC Press. This book was released on 2015-03-02 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction to Theory of Control in Organizations explains how methodologies from systems analysis and control theory, including game and graph theory, can be applied to improve organizational management. The theory presented extends the traditional approach to management science by introducing the optimization and game-theoretical tools required
Download or read book Advances in Accounting Behavioral Research written by Khondkar E. Karim and published by Emerald Group Publishing. This book was released on 2018-11-21 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focusing on research that examines individual and organizational behavior relative to accounting, this series promotes research across all areas of behavioral accounting, and encourages the development, discussion and expansion of theories from psychology, sociology and related disciplines to better understand accounting domains.
Download or read book Imperfections and Behavior in Economic Organizations written by Robert P. Gilles and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: Imperfections and Behavior in Economic Organizations analyzes the organization of economic decision making in a contemporary setting. The contributors focus on two important aspects of this analysis. First, they address the issue of imperfect or incomplete information and communication in economic organizations and consider imperfections arising from the interaction of the market organization with its environment. Second, the issue of cooperation in a competitive environment is thoroughly analyzed and alternative social trade organizations are designed to dissipate the allocation problems that arise in these situations.
Download or read book The Japanese Firm written by Masahiko Aoki and published by Oxford University Press, USA. This book was released on 1994 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written by prominent scholars in the field, this is an account of the Japanese firm and its sources of success. Containing both theoretical and empirical work, the book ranges across labour and information economics, finance, organizational theory, and others.
Download or read book The New Palgrave Dictionary of Economics written by and published by Springer. This book was released on 2016-05-18 with total page 7493 pages. Available in PDF, EPUB and Kindle. Book excerpt: The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written by leading figures in the field including Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists. Regularly updated! This product is a subscription based product.
Download or read book Essays on Management Accounting and Incentive Contracts for Some New Production and Selling Strategies written by Seok-Young Lee and published by . This book was released on 1992 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Cooperation for a Peaceful and Sustainable World written by Chen Bo and published by Emerald Group Publishing. This book was released on 2012-12-11 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the years, a considerable amount of work has been conducted in the field of peace studies, conflict management, peace science in economics, sociology, anthropology and management. This title presents research by scholars with an emphasis on theoretical and mathematical constructs in the area of peace economics and peace science.
Download or read book Economics in a Changing World written by Beth Allen and published by Springer. This book was released on 1997-02-12 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume contains papers in the broadly defined area of microeconomic theory presented to the International Economic Association Tenth World Congress in Moscow. A wide range of topics is represented - from the foundations of economic choice through strategic behaviour, multiple market interactions, and asymmetric information to applications in such diverse areas as the internal organization of firms, patent policy, product markets, and labour supply, finishing with a piece on the history of oligopoly theory. The collection strongly suggests that microeconomic theory is indeed thriving as a fascinating and useful central part of economic science.
Download or read book Psychology Models of Management Accounting written by Joan Luft and published by Now Publishers Inc. This book was released on 2010 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: Psychology Models of Management Accounting analyzes the contributions of psychology-based research to explaining patterns in individuals' management accounting related decision-making.
Download or read book Journal of Economic Theory written by Karl Shell and published by . This book was released on 2000 with total page 730 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book On the Move to Meaningful Internet Systems OTM 2008 written by Zahir Tari and published by Springer. This book was released on 2008-11-07 with total page 937 pages. Available in PDF, EPUB and Kindle. Book excerpt: This two-volume set LNCS 5331/5332 constitutes the refereed proceedings of the five confederated international conferences on Cooperative Information Systems (CoopIS 2008), Distributed Objects and Applications (DOA 2008), Grid computing, high performAnce and Distributed Applications (GADA 2008), Information Security (IS 2008), and Ontologies, Databases and Applications of Semantics (ODBASE 2008), held as OTM 2008 in Monterrey, Mexico, in November 2008. The 86 revised full and 9 revised short papers presented together with 5 invited papers and 4 keynote talks were carefully reviewed and selected from a total of 292 submissions. Corresponding to the five OTM 2008 main conferences CoopIS, DOA, GADA, IS, and ODBASE the papers are organized in topical sections on Web service, business process technology, E-service management, distributed process management, schema matching, business process tracing, workflow and business applications, designing distributed systems, context in distributed systems, high availability, adaptive distributed systems, scheduling allocation, databases in grids, grid applications, data management and storage, new tendencies and approaches, intrusion detection, information hiding, data and risk management, access control, evaluation and implementation, semantic matching and similarity measuring, semantic searching, ontology development, ontology maintanence and evaluation, ontology applications, and semantic query processing.
Download or read book Bayesian Implementation written by Thomas R. Palfrey and published by CRC Press. This book was released on 2020-08-26 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: The implementation problem lies at the heart of a theory of institutions. Simply stated, the aim of implementation theory is to investigate in a rigorous way the relationships between outcomes in a society and how those outcomes arise. The first part of "Bayesian Implementation" presents a basic model of the Bayesian implementation problem and summarizes and explains recent developments in this branch of implementation theory. Substantive problems of interest such as public goods provision, auctions and bargaining are special cases of the model, and these are addressed in subsequent chapters.
Download or read book Earnings Management written by Joshua Ronen and published by Springer Science & Business Media. This book was released on 2008-08-06 with total page 587 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a study of earnings management, aimed at scholars and professionals in accounting, finance, economics, and law. The authors address research questions including: Why are earnings so important that firms feel compelled to manipulate them? What set of circumstances will induce earnings management? How will the interaction among management, boards of directors, investors, employees, suppliers, customers and regulators affect earnings management? How to design empirical research addressing earnings management? What are the limitations and strengths of current empirical models?
