The prospect of lucrative continuation payoffs makes it more expensive for the principal to incentivize the agent, giving rise to a dynamic agency cost.
Current vice chair Janet Yellen now seems to be the frontrunner to replace Bernanke, bringing with her the prospect of a continuation of the current cautious policy.
The lack of an heir who could feasibly provide a new direction for the nation also diminished the long-term prospects for continuation of the Brazilian monarchy.
With this study design of integrating the research project into the local health services, we felt confident that this project could be more easily handed over with better prospects of successful continuation through the local Primary Health Care services.
During the winter of 1942 43, the Finnish Defence Forces estimated there was no immediate prospect of a quick end to the Continuation War but there was an immediate need for new vehicles.
There's a feeling of continuation.
But that doesn't tell us the state of affairs (sorry for that) between him and his wife, the prospects for the continuation of their marriage and ultimately if they can be happy together again.
With the Bodu Bala Sena supporting a continuation of the Rajapaksa rule, a Sirisena administration represented the prospect of real change.
Their solutions to common problems, however, sometimes differ, justifying inquiry into the causes of those divergences and the prospects for their continuation.
One of Mr Clarke's allies predicted gloomily that, although Mr Hague presents himself as a tough leader, the prospect was for a continuation of Mr Major's much-criticised fudge and mudge.That gibe pinpoints the principal task now facing Mr Hague.
"Mr Alkhanov... is promising Chechnya's long-suffering population an economic revival, but the more likely prospect is the grinding continuation of a war that has destroyed the republic, bled and corrupted the occupying Russian army, and contributed to the crumbling of democracy and free speech in Russia itself.
