Volume2, No. 3, December 2003

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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.
 

Key words: agency; principal-agent; asymmetric information; contract

JEL classification: D8; L1; L2