Sentence examples for hidden action from inspiring English sources

Two basic types of information asymmetries are studied, those associated with hidden knowledge and those with hidden action.

Both adverse selection ("hidden information") and moral hazard ("hidden action") complications are considered, as are the additional concerns that arise when the regulator's intertemporal commitment powers are limited.

Hidden action occurs when only the farmer has exact information on the conditions, including the state of Nature and the farmer's actions, under which production takes place.

As in the classical principal-agent setting with hidden action, in our model the agent is induced to deploy unobservable effort by linking her pay to the firm's performance.

Topics include: hidden characteristics and hidden action models with one and many agents, design of mechanisms and markets with limited communication, long-term relationships under commitment and under renegotiation, property rights and theories of the firm.

Hidden information and hidden action between market players and transaction costs are not known.

hidden actions by partner firms.

When the camera spies on the characters' hidden actions we feel it is touching some private emotion.

When misalignment stems from hidden actions, executives can bring those actions to the surface unhide them, as it were by creating a contract that rewards or penalizes partners based on outcomes.

In addition it has a useful hiding action.

During the trial, Mr. Adoboli conceded that he had hidden his actions through complex trades and misled UBS staff, though he denied that his activities were dishonest, the jury was told on Thursday.