discrimination with a profit-maximizing principal (owner) and a gender-discriminating agent (management). We show that managerial …In the traditional Becker model of employer discrimination, discriminatory behavior arises from a utility … necessarily reflect the preferences of even profit-maximizing owners. In this paper, we present a principal-agent model of …

After the financial crisis of 2007-2008, some bank performance dimensions have been the subject of debate, two of which … are bank efficiency and bank risk-taking behavior. The literature on bank efficiency and productivity has grown … considerably over the past three decades, and has gained momentum in the aftermath of the financial crisis. Interest in bank risk …