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The Economics of Contracting Public Project : Some Challenges of Contracting Public Project - Abebe Tolla
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Abebe Tolla:
The Economics of Contracting Public Project : Some Challenges of Contracting Public Project - Taschenbuch

2013, ISBN: 365949027X

ID: 22506528820

[EAN: 9783659490279], Neubuch, [PU: LAP Lambert Academic Publishing Dez 2013], This item is printed on demand - Print on Demand Neuware - This book gives insights to answer the problem that faces public organization in delegating their mega projects to their agents in three level of hierarchical model. Taking three players: the politician, the bureaucrat and the contractor, I developed a three level hierarchical adverse selection model. In the model the bureaucrat is an agent to the politician and the contractor in turn is also an agent to the bureaucrat. Each player in the game has their own strategies that enable them to determine their payoffs. Basically the players apply the technique of backward induction either to deal with the project work or not. The same process also helps us to determine the outcome (Nash equilibrium) of the game. In this game players have a complete information of their types but have a blurt information about the other players type. In the principal agent model the prevalent problem is the problem of information asymmetry between the principal and his/her agent. The agent knows his/her type for sure but the principal knows the true types of his/her agent with certain probabilities. This is the adverse selection problem that should be mitigated somehow. 52 pp. Englisch

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The Economics of Contracting Public Project - Abebe Tolla
Vergriffenes Buch, derzeit bei uns nicht verfügbar.
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Abebe Tolla:
The Economics of Contracting Public Project - Taschenbuch

2013, ISBN: 365949027X

ID: 22506479625

[EAN: 9783659490279], Neubuch, [PU: LAP Lambert Academic Publishing Dez 2013], Neuware - This book gives insights to answer the problem that faces public organization in delegating their mega projects to their agents in three level of hierarchical model. Taking three players: the politician, the bureaucrat and the contractor, I developed a three level hierarchical adverse selection model. In the model the bureaucrat is an agent to the politician and the contractor in turn is also an agent to the bureaucrat. Each player in the game has their own strategies that enable them to determine their payoffs. Basically the players apply the technique of backward induction either to deal with the project work or not. The same process also helps us to determine the outcome (Nash equilibrium) of the game. In this game players have a complete information of their types but have a blurt information about the other players type. In the principal agent model the prevalent problem is the problem of information asymmetry between the principal and his/her agent. The agent knows his/her type for sure but the principal knows the true types of his/her agent with certain probabilities. This is the adverse selection problem that should be mitigated somehow. 52 pp. Englisch

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The Economics of Contracting Public Project - Abebe Tolla
Vergriffenes Buch, derzeit bei uns nicht verfügbar.
(*)
Abebe Tolla:
The Economics of Contracting Public Project - Taschenbuch

2013, ISBN: 365949027X

ID: 22506468906

[EAN: 9783659490279], Neubuch, [PU: LAP Lambert Academic Publishing Dez 2013], Neuware - This book gives insights to answer the problem that faces public organization in delegating their mega projects to their agents in three level of hierarchical model. Taking three players: the politician, the bureaucrat and the contractor, I developed a three level hierarchical adverse selection model. In the model the bureaucrat is an agent to the politician and the contractor in turn is also an agent to the bureaucrat. Each player in the game has their own strategies that enable them to determine their payoffs. Basically the players apply the technique of backward induction either to deal with the project work or not. The same process also helps us to determine the outcome (Nash equilibrium) of the game. In this game players have a complete information of their types but have a blurt information about the other players type. In the principal agent model the prevalent problem is the problem of information asymmetry between the principal and his/her agent. The agent knows his/her type for sure but the principal knows the true types of his/her agent with certain probabilities. This is the adverse selection problem that should be mitigated somehow. 52 pp. Englisch

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ISBN: 9783659490279

ID: 820456815

The Economics of Contracting Public Project ab 35.9 EURO Some Challenges of Contracting Public Project The Economics of Contracting Public Project ab 35.9 EURO Some Challenges of Contracting Public Project Bücher > Wissenschaft > Wirtschaftswissenschaft

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The Economics of Contracting Public Project - Tolla Abebe
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Tolla Abebe:
The Economics of Contracting Public Project - Taschenbuch

2013, ISBN: 365949027X

ID: 22412590039

[EAN: 9783659490279], Neubuch, [PU: LAP Lambert Academic Publishing], This item is printed on demand for shipment within 3 working days.

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Details zum Buch

Detailangaben zum Buch - The Economics of Contracting Public Project


EAN (ISBN-13): 9783659490279
ISBN (ISBN-10): 365949027X
Gebundene Ausgabe
Taschenbuch
Erscheinungsjahr: 2013
Herausgeber: AV Akademikerverlag GmbH & Co. KG.

Buch in der Datenbank seit 10.10.2014 09:39:11
Buch zuletzt gefunden am 01.09.2017 04:12:41
ISBN/EAN: 9783659490279

ISBN - alternative Schreibweisen:
3-659-49027-X, 978-3-659-49027-9


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