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Early regulator interventions into problem banks is one of the key suggestions of Basel II. However, no guidance is given on their design. To fill this gap, we outline an incentive-based preventive supervision strategy that eliminates bad asset management in banks. Two supervision techniques are...
Persistent link: https://www.econbiz.de/10010933829
the form of simple delegation sets, exactly as in the one-dimensional case. When instead the agent finds some benefits in …
Persistent link: https://www.econbiz.de/10010751022
in new product development (NPD): supply network delegation; and supply network intervention. The implications of the two … delegation, when applied as part of supplier involvement in product development, and positive and negative indications of … delegation and intervention, depending on the actor perspective: manufacturers perceive a need to control the product development …
Persistent link: https://www.econbiz.de/10010691386
agreement may or may not be reached. Finally, when an agreement is reached, it may exhibit strategic delegation when the median … voters are the Condorcet winners in both countries : this delegation is the outcome of the struggle by electorates to …
Persistent link: https://www.econbiz.de/10010603649
optimally prescribe to follow the agent's recommendation. We define two sub-cases, called delegation and authority, being parts … the principal. We assume that there are both adverse selection and moral hazard under delegation and moral hazard under … authority and the agent is risk neutral but protected by limited liability on utility. We find that delegation can be efficient …
Persistent link: https://www.econbiz.de/10008791754
with respect to the paradox management that has been delegated to them, to analyse the extent to which this delegation …
Persistent link: https://www.econbiz.de/10008792266
We consider as endogenous the choice of the delegation' rule in a political integration process between two countries …. We study three potential types of delegation: strong, weak or no delegation, this last case corresponding to a referendum … decide on their delegation rule induce negative political externalities between countries, which cancel the gains achieved by …
Persistent link: https://www.econbiz.de/10008836791
so much a matter of degree -more or less delegation- than a matter of manner. Understanding the cultural representations … effective delegation in Madagascar. This suggests that managers should adapt the way they empower their teams to the conditions … and forms of delegation prevailing in local cultures. …
Persistent link: https://www.econbiz.de/10010567256
We revisit the signalling hypothesis, whereby potential employers use the duration of unemployment as a signal as to …
Persistent link: https://www.econbiz.de/10008793679
future students. This signaling equilibrium is characterized by a relative neglect of teaching by the top-tier schools. Such …
Persistent link: https://www.econbiz.de/10008794060