This study looks at the relationship between project governance and project success from an
agency theory and stewardship theory perspective. For that project governance was …

Joint distribution is a crucial business model employed to improve courier delivery
performance in last-mile logistics (LML). However, the moral hazard of the shared agent …

The article develops a comprehensive framework demonstrating how patents provide the
foundation of the market for inventions. Patents support the establishment of the market in …

This paper studies optimal sales force compensation plans in a multiperiod moral-hazard
model when the firm wants to implement high effort in every period but only obtains …

We study the capacity choice problem of a firm whose access to capital is hampered by
financial frictions (ie, moral hazard). The firm optimizes both its capacity investment under …

Premature cessation of antibiotic therapy (nonadherence) is common in long treatment
regimens and can severely compromise health outcomes. In this work, we investigate the …

The use of business insurance has been traditionally studied in a single-firm setting, but in
reality preventing operational accidents involves the (unobservable) efforts of multiple firms …

Consider an agent who can costlessly add mean‐preserving noise to his output. To deter
such risk‐taking, the principal optimally offers a contract that makes the agent's utility …

We study salesforce contracting in an environment where excess demand results in lost
sales and the demand information is censored by the inventory level. In our model, a firm …

Purpose The purpose of this paper is to discuss the topic of agency problems in service
ecosystem for innovation. It specifically explores the corporate policies aimed at …