We present a set of necessary and sufficient conditions for a class of optimal control problems with pure state constraints for which the objective function is linear in the state variable but the objective function is only required to be upper semicontinuous in the control variable. We apply...

This paper investigates the effect of ERP system implementations on agency cost in the introducing period in China. The research reveals that, for the listed companies, the agency cost after implementing the ERP System will reduce significantly; however, compared with the non-State-Owned...

Delegation under anarchy: states, international organizations, and principal agent theory / Darren Hawkins, David A. Lake, Daniel Nielson, and Michael J. Tierney -- Variation in principal preferences, structure, decision rules, and private benefits -- Who delegates? : alternative models of...