MULTIPLE-TASK AND MULTIPLE-AGENT MODELS - INCENTIVE CONTRACTS AND AN APPLICATION TO POINT POLLUTION-CONTROL

被引：2
|
作者：
KARMANN, A [1 ]
机构：
[1] TECH UNIV DRESDEN,D-01062 DRESDEN,GERMANY
来源：
ANNALS OF OPERATIONS RESEARCH | 1994年 / 54卷
关键词：
PRINCIPAL-AGENT; MULTI-AGENTS; LINEAR INCENTIVE SCHEMES; FIRM ORGANIZATION; ENVIRONMENTAL POLICY;
D O I：
10.1007/BF02031727
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：
Two types of linear-quadratic principal-agent models will be considered: one in which a single agent has to perform several tasks and one in which several agents have to perform a certain task. For both models, we derive optimal contractual principal-agent relations. It turns out that under certain conditions (concerning risk-aversion and the correlation of the agents' outcome) the multiple-agent problem reduces to a multiple-task one-agent problem. Our results will be discussed within the framework of (multiple-) point pollution to which, in addition, also the results of the standard principal-agent model will be applied.
引用
下载
收藏
页码：57 / 78
页数：22
相关论文
共 47 条
  • [21] Fault Tolerant Control with Multiple Models and Output Compensation. Application for Servo System
    Ichtev, Alexandar
    PROCEEDINGS OF THE 2020 30TH INTERNATIONAL CONFERENCE CYBERNETICS & INFORMATICS (K&I '20), 2020,
  • [22] Nonlinear adaptive PID control using neural networks and multiple models and its application
    Liu, Yuping
    Zhai, Lianfei
    Chai, Tianyou
    Huagong Xuebao/Journal of Chemical Industry and Engineering (China), 2008, 59 (07): : 1671 - 1676
  • [23] A state-contingent production approach to principal-agent problems with an application to point-source pollution control
    Quiggin, J
    Chambers, RG
    JOURNAL OF PUBLIC ECONOMICS, 1998, 70 (03) : 441 - 472
  • [24] Downscaling Images with Trends Using Multiple-Point Statistics Simulation: An Application to Digital Elevation Models
    Luiz Gustavo Rasera
    Mathieu Gravey
    Stuart N. Lane
    Gregoire Mariethoz
    Mathematical Geosciences, 2020, 52 : 145 - 187
  • [25] Downscaling Images with Trends Using Multiple-Point Statistics Simulation: An Application to Digital Elevation Models
    Rasera, Luiz Gustavo
    Gravey, Mathieu
    Lanes, Stuart N.
    Mariethoz, Gregoire
    MATHEMATICAL GEOSCIENCES, 2020, 52 (02) : 145 - 187
  • [26] Optimal allocation model of point and non-point pollution loads in river network based on water quality standard of multiple control sections
    Chen L.
    Han L.
    Tan J.
    Zhang F.
    Lin Y.
    Water Resources Protection, 2021, 37 (06): : 128 - 134
  • [27] On the application of fuzzy predictive control based on multiple models strategy to a tubular heat exchanger system
    Mazinan, A. H.
    Sadati, N.
    TRANSACTIONS OF THE INSTITUTE OF MEASUREMENT AND CONTROL, 2010, 32 (04) : 395 - 418
  • [28] Optimal control based on multiple models approach of chaotic switched systems, application to a stepper motor
    Miladi, Yosra
    Derbel, Nabil
    Feki, Moez
    INTERNATIONAL JOURNAL OF AUTOMATION AND CONTROL, 2021, 15 (02) : 240 - 258
  • [29] Application of Expert PID Main Steam Temp. Control Based on Fuzzy Multiple Models
    Kou, Huaicheng
    Wu, Yunjie
    Chen, Yane
    7TH INTERNATIONAL CONFERENCE ON SYSTEM SIMULATION AND SCIENTIFIC COMPUTING ASIA SIMULATION CONFERENCE 2008, VOLS 1-3, 2008, : 1470 - 1473
  • [30] Multiple Linear Models Tracking Control via Switching Strategy and the Application to Aero-engine
    Sun Jian
    Wang Zhan Shan
    Zhao Yan Mei
    2017 29TH CHINESE CONTROL AND DECISION CONFERENCE (CCDC), 2017, : 2453 - 2458
12345