International Journal of Business and Economics Volume 2, No. 3 December, 2003 |
Structure, Conduct, and Performance of Principal-Agent Models: An Overview |
Jong-Shin Wei |
Department of Insurance and Finance, SHU-TE University, Taiwan |
Chwen-Chi Liu |
Department of Insurance, Feng Chia University, Taiwan |
Abstract |
This prelude introduces the first symposium of this journal devoted to the structure, conduct, and performance of principal-agent models in a broad view. Five papers, exemplifying recent developments and targeting readers of interdisciplinary interest, are summarized. |
Keywords:agency, principal-agent, asymmetric information, contract. |
JEL Classifications:D8, L1, L2. |
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