Téléchargez le livre : Formulating Principal-Agent Service Contracts for a Revenue Generating Unit

Formulating Principal-Agent Service Contracts for a Revenue Generating Unit

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Éditeur :

Springer


Collection :

SpringerBriefs in Operations Management

Paru le : 2015-07-02

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Description

This book examines contractual options for a performance based contract between an owner of a revenue generating unit and a repair agent for such unit. The framework of the analysis 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 offer together with the agent's optimal service capacity response. In essence, the book provides an extensive formulating analysis of principal-agent contracts given any exogenous parameter values. Ultimately a small number of formulas cover a large spectrum of principal-agent conditions.
Pages
129 pages
Collection
SpringerBriefs in Operations Management
Parution
2015-07-02
Marque
Springer
EAN papier
9783319186719
EAN PDF
9783319186726
Informations sur l'ebook
Nombre pages copiables
1
Nombre pages imprimables
12
Taille du fichier
2611 Ko
Prix
52,74 €
EAN EPUB
9783319186726
Informations sur l'ebook
Nombre pages copiables
1
Nombre pages imprimables
12
Taille du fichier
3185 Ko
Prix
52,74 €

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