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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 ofMorePrincipals 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. Principles & Agents by John W. Pratt
