Principals and Agents: The Structure of Business

by John W. Pratt, Richard J. Zeckhauser

Principals and Agents lays out the agency construct and explores its many forms and appearances on the business landscape. Issues covered include the treatment of agency in the economics literature; institutional responses to the generic problems of agency; discussion of fiduciary duties,insider trading,and employment contracts; and analysis of how the agency facilitates subordinates' autonomy and managers' control. Contributors include Kenneth J. Arrow,Richard A. Epstein,and Frank H. Easterbrook,among others.

241 pages, Hardcover

First published June 1, 1985

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Other authors publishing under this name are:

John W. (Winsor) Pratt, mathematics and statistics
John W. Pratt, religion