and Economic Performance‚ North discusses the Principle Agent Problem where‚ with more information‚ a seller can make better-informed decisions that will inadvertently or otherwise impact a buyer who remains partially‚ if not entirely‚ ignorant. In order to combat this advantage for the seller‚ the buyer must depend upon institutions in order to level the playing field‚ therein balancing the asymmetry of knowledge that caused the Principle Agent Problem to begin with. With this in mind‚ North fails
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Real time Business intelligence in Agent-Oriented supply chain management H.G.D.S.Somadasa Faculty of Information Technology University of Moratuwa iamdinidu@gmail.com Real time Business intelligence in Agent-Oriented supply chain management H.G.D.S.Somadasa Faculty of Information Technology University of Moratuwa iamdinidu@gmail.com Abstract: In the face of highly competitive markets and constant pressure to reduce lead times‚ enterprises today consider supply chain management
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Satoshi Kon’s Critique on Society’s Desire for Escapism in Paranoia Agent Candidate No: Word Count: 3964 Abstract Satoshi Kon is an important figure in Japanese cinema. In many of his works‚ he analyzes the concept of society’s desire for escapism due to stress and anxiety which addresses the question of this essay—what is Kon’s perspective upon the nature of escapism and its impact upon society?
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Data Mining-Driven Analysis and Decomposition in Agent Supply Chain Management Networks Kyriakos C. Chatzidimitriou1‚ Andreas L. Symeonidis1‚2 and Pericles A. Mitkas1‚2 1 Department of Electrical and Computer Engineering Aristotle University of Thessaloniki‚ GR541 24‚ Thessaloniki‚ Greece 2 Intelligent Systems and Software Engineering Laboratory Informatics and Telematics Institute/CERTH‚ 57001‚ Thessaloniki‚ Greece {kyrcha‚asymeon}@issel.ee.auth.gr‚ mitkas@auth.gr Abstract In complex
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The Ironic Secret Adapteur: Hitchcock and Hampton adapting Conrad’s The Secret Agent Rodrigo Alonso Lescún The Ironic Secret Adapteur: Hitchcock and Hampton adapting Conrad’s The Secret Agent The adaptation of the same literary work may give birth to extremely different cinematic products. Written by Joseph Conrad in 1907‚ the novel The Secret Agent inspired three cinematic adaptations. Here I shall be focusing on the concepts of authorship and adaptation when dealing with the analysis
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A great majority of social and economic relationships are of the principle agent type. The principle-agent problem is a game-theoretic situation where; there is a player (the principal) and one more other players (the agents). This is the problem of how the principle can motivate the agent to act for the principles benefit rather than follow self interest. “The problem is how to devise incentives which lead to report truthfully to the principle on the facts they face and the actions they take
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INVESTIGATE HOW E-BUSINESS CAN BENEFIT FROM METHODS BASED ON SOFTWARE AGENT TECHNOLOGY by Charity Ndabandaba 201222672 Submitted in partial fulfillment of the requirements for the degree BTech: Software Development in the FACULTY OF INFORMATION AND COMMUNICATION TECHNOLOGY (Department of Systems Development) at the TSHWANE UNIVERSITY OF TECHNOLOGY Study leader: Mr. R Jacobs Date of submission 07 October 2009 RESEARCH PROPOSAL EVALUATION FORM Miss
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The Agency Cost Problem or Principal-Agent Problem‚ which is believed‚ arises from the separation of ownership and control‚ could be mitigated in many ways. In their paper Jensen and Meckling (1976) mention that if a company fully owned by its managers‚ they will work on maximizing its value. But if a fraction of this equity owned by managers is sold to outsiders‚ the risk borne by them now will have fewer fractions than before. This will be one of the main reasons for management to act on maximizing
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Discuss the following proposition in the context of the professional sporting clubs in this case (you may choose to focus upon only the Essendon Football Club): ‘Principal-Agent problems are caused by insufficient oversight by company directors.’ Corporate Governance is a complex field that started to develop very quickly this last decade. The collapse of international firms‚ the financial crisis‚ the international scandals‚ the pressure from the governments and non-profit organizations… are all
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EXPERIMENT 1: Aim: To range the metals copper‚ lead‚ silver and zinc together with hydrogen. Start with the strongest reducing agent. Hypothesis: The nobler a metal is‚ the worse reducing agent. Apparatus/requirements: Sandpaper‚ strips of; zinc‚ lead‚ silver and copper‚ solutions containing aqueous; Zn2+‚ Pb2+‚ Cu2+ and Ag+ ions (0.2 M)‚ hydrochloric acid (5.0 M)‚ emery paper‚ test-tubes. Method: Burnish the three metal strips to get a shiny surface‚ after drop a drop of each of the metal
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