0
Your cart

Your cart is empty

Books > Business & Economics > Business & management > Management & management techniques > Operational research

Buy Now

Formulating Principal-Agent Service Contracts for a Revenue Generating Unit (Paperback, 2016 ed.) Loot Price: R1,871
Discovery Miles 18 710
Formulating Principal-Agent Service Contracts for a Revenue Generating Unit (Paperback, 2016 ed.): Shuo Zeng, Moshe Dror

Formulating Principal-Agent Service Contracts for a Revenue Generating Unit (Paperback, 2016 ed.)

Shuo Zeng, Moshe Dror

Series: SpringerBriefs in Operations Management

 (sign in to rate)
Loot Price R1,871 Discovery Miles 18 710 | Repayment Terms: R175 pm x 12*

Bookmark and Share

Expected to ship within 10 - 15 working days

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.

General

Imprint: Springer International Publishing AG
Country of origin: Switzerland
Series: SpringerBriefs in Operations Management
Release date: July 2015
First published: 2016
Authors: Shuo Zeng • Moshe Dror
Dimensions: 235 x 155 x 8mm (L x W x T)
Format: Paperback
Pages: 129
Edition: 2016 ed.
ISBN-13: 978-3-319-18671-9
Categories: Books > Business & Economics > Economics > Economic theory & philosophy
Books > Business & Economics > Business & management > Management & management techniques > Operational research
Books > Business & Economics > Business & management > Management of specific areas > General
Promotions
LSN: 3-319-18671-X
Barcode: 9783319186719

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!

You might also like..

Business Logistics Management
Wessel Pienaar, John Vogt, … Paperback R610 Discovery Miles 6 100
Operational Risk Management
J Young Paperback R580 Discovery Miles 5 800
29th European Symposium on Computer…
Anton A Kiss, Edwin Zondervan, … Hardcover R12,034 Discovery Miles 120 340
Research Handbook on Services Management
Mark M. Davis Hardcover R5,926 Discovery Miles 59 260
The Rise of Blockchains - Disrupting…
Nir Kshetri Hardcover R2,849 Discovery Miles 28 490
Sustainable Consumption, Production and…
Paul Nieuwenhuis, Daniel Newman, … Hardcover R2,660 Discovery Miles 26 600
Handbook of Research Methods for Supply…
Stephen Childe, Anabela Soares Hardcover R7,099 Discovery Miles 70 990
Handbook of Innovation & Appropriate…
Philippe Regnier, Daniel Frey, … Hardcover R5,266 Discovery Miles 52 660
Stampede Theory - Human Nature…
Philip Feldman Paperback R2,131 Discovery Miles 21 310
A Research Agenda for Management and…
Barbara Czarniawska Paperback R1,066 Discovery Miles 10 660
The Contest for Value in Global Value…
Lilac Nachum, Yoshiteru Uramoto Hardcover R2,658 Discovery Miles 26 580
Operations Management
Nigel Slack, Alistair Brandon-Jones, … Paperback R2,320 Discovery Miles 23 200

See more

Partners