LINEAR INCENTIVE SCHEMES AND POISSON PROCESSES IN ECONOMIC AGENCY MODELS

被引:0
|
作者
BREUER, W [1 ]
机构
[1] UNIV COLOGNE,LEHRSTUHL ALLGEMEINE BETRIEBSWIRTSCHAFTSLEHRE & B,D-50923 COLOGNE,GERMANY
关键词
AGENCY THEORY; LINEAR INCENTIVE SCHEMES; POISSON PROCESSES; THEORY OF QUEUES;
D O I
暂无
中图分类号
C93 [管理学]; O22 [运筹学];
学科分类号
070105 ; 12 ; 1201 ; 1202 ; 120202 ;
摘要
The goal of this paper is to show the potential optimality of linear incentive schemes under certain stationarity conditions when the agent (exactly or ''approximately'') controls the rate of jump in a Poisson process over time. To do so earlier work by Holmstrom and Milgrom (1987) is used. An example from the theory of queues is taken to illustrate the derived linearity results.
引用
收藏
页码:245 / 251
页数:7
相关论文
共 50 条
  • [31] Estimating frailty models via Poisson hierarchical generalized linear models
    Do Ha, I
    Lee, Y
    JOURNAL OF COMPUTATIONAL AND GRAPHICAL STATISTICS, 2003, 12 (03) : 663 - 681
  • [32] Accelerated life testing models for nonhomogeneous Poisson processes
    Hendrik Schäbe
    Statistical Papers, 1998, 39 : 291 - 312
  • [33] On the comparison of multinomial and Poisson log-linear models
    Lang, JB
    JOURNAL OF THE ROYAL STATISTICAL SOCIETY SERIES B-METHODOLOGICAL, 1996, 58 (01): : 253 - 266
  • [34] INTERACTION TERMS IN POISSON AND LOG LINEAR REGRESSION MODELS
    Shang, Shengwu
    Nesson, Erik
    Fan, Maoyong
    BULLETIN OF ECONOMIC RESEARCH, 2018, 70 (01) : E89 - E96
  • [35] Organizing the (Sociomaterial) Economy: Ritual, agency, and economic models
    Szabo, Amanda
    CRITICAL DISCOURSE STUDIES, 2016, 13 (01) : 118 - 136
  • [36] SIMULATION OF NONHOMOGENEOUS POISSON PROCESSES WITH LOG LINEAR RATE FUNCTION
    LEWIS, PAW
    SHEDLER, GS
    BIOMETRIKA, 1976, 63 (03) : 501 - 505
  • [37] Modelling Alternative Economic Incentive Schemes for Semi-Natural Grassland Conservation in Estonia
    Nishizawa, Takamasa
    Schuler, Johannes
    Bethwell, Claudia
    Glemnitz, Michael
    Semm, Maaria
    Suskevics, Monika
    Hamalainen, Laura
    Sepp, Kalev
    Varnik, Rando
    Uthes, Sandra
    Aurbacher, Joachim
    Zander, Peter
    ENVIRONMENTAL MANAGEMENT, 2024, 74 (04) : 757 - 774
  • [38] Sami agency in economic development processes in the Norwegian High North
    Angell, Elisabeth
    Eikeland, Sveinung
    Selle, Per
    POLAR RECORD, 2023, 59
  • [39] RISK-FREE INCENTIVE CONTRACTS - ELIMINATING AGENCY COST USING OPTION-BASED COMPENSATION SCHEMES
    HEMMER, T
    JOURNAL OF ACCOUNTING & ECONOMICS, 1993, 16 (04): : 447 - 473
  • [40] CONSIDERATION OF LEARNING PROCESSES IN ECONOMIC MODELS
    NIEDEREICHHOLZ, J
    JAHRBUCHER FUR NATIONALOKONOMIE UND STATISTIK, 1970, 184 (02): : 114 - 125