Principals and Agents: The Structure of Business

Pratt, John W. And Richard J. Zeckhauser, Eds.

ISBN 10: 0875841643 / ISBN 13: 9780875841649

Published by Harvard Business School Press, Boston, 1985

About this Item

Proceedings from one of a series of conferences held at the Harvard Business School in 1984. Includes bibliographies and index. Principals and agents / John W. Pratt and Richard J. Zeckhauser -- The economics of agency / Kenneth J. Arrow -- Agency costs versus fiduciary duties / Robert C. Clark -- Insider trading as an agency problem / Frank H. Easterbrook -- Empirical evidence of incentive problems and their mitigation in oil and gas tax shelter programs / Mark A. Wolfson -- Agency costs, employment contracts, and labor unions / Richard A. Epstein -- Transfer pricing as a problem of agency / Robert G. Eccles -- Agency as control / Harrison C. White. Inscribed by Zeckhauser to Victor Robert Fuch, American health economist. He was known for his 1975 book Who Shall Live?, which detailed the consequences of rising health care costs in the United States. Like new, first edition. 6½" - 9¼".

Seller Inventory # 277581

Bibliographic Details

• Title: Principals and Agents: The Structure of Business
• Publisher: Harvard Business School Press, Boston
• Publication Date: 1985
• Language: English
• ISBN 10: 0875841643
• ISBN 13: 9780875841649
• Binding: Hardcover
• Edition: First edition.
• Condition: fine
• Dust Jacket Condition: fine
• Signed: Inscribed by author
• Book Type: book

About this title

Synopsis

Eight essays address the inherent problems of the agency relationship, such as monitoring performance and the careful design of incentives. By applying agency theory to actual practices in areas as diverse as tax-sheltered programs and transfer pricing, the contributors present conceptual tools and practical ideas for shaping agency structures to serve the best interests of both parties. A research colloquium book.

About the Author

Harvard Business Review is the leading destination for smart management thinking. Through its flagship magazine, 11 international licensed editions, books from Harvard Business Review Press, and digital content and tools published on HBR.org, Harvard Business Review provides professionals around the world with rigorous insights and best practices to lead themselves and their organizations more effectively and to make a positive impact.