rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: Formulating Principal-Agent Service Contracts for a Revenue Generating Unit
  name:
    name part: Zeng, Shuo.
    role:
      role term: creator
    role:
      role term: author.
  name:
    name part: Dror, Moshe.
    role:
      role term: author.
  name:
    name part: SpringerLink (Online service)
  type of resource: text
  origin info:
    place:
      place term: gw
    date issued: 2016
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: electronic
    form: electronic resource
    reformatting quality: access
    form: remote
    extent: IX, 129 p. 37 illus. online resource.
  abstract: 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.
  table of contents: Introduction -- The Basic Principal-Agent -- Risk-Neutral Agent -- Risk-Averse Agent -- Risk-Seeking Agent -- Summary.
  note: by Shuo Zeng, Moshe Dror.
  subject:
    topic: Business
  subject:
    topic: Transportation
  subject:
    topic: Operations research
  subject:
    topic: Decision making
  subject:
    topic: Management science
  subject:
    topic: Business and Management
  subject:
    topic: Operation Research/Decision Theory
  subject:
    topic: Operations Research, Management Science
  subject:
    topic: Transportation
  classification: HD30.23
  classification: 658.40301
  related item:
    title info:
      title: Springer eBooks
  related item:
    title info:
      title: SpringerBriefs in Operations Management
  identifier: 9783319186726
  identifier: http://dx.doi.org/10.1007/978-3-319-18672-6
  record info:
    record creation date: 150702
    record change date: 20151204171400.0
    record identifier: 978-3-319-18672-6