Abstract
Up to now we have investigated the situation of one or more decision makers taking decisions within the framework of a team or an enforced team situation. (See the definition of constructional and organizational hierarchies in Fig. 2. 3. ) The levels were allowed to possess different states of information; an antagonistic behavior, however, was not assumed to be present or effective. That is to say, the levels did not exploit their information in an opportunistic way.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsPreview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 1999 Springer-Verlag Berlin Heidelberg
About this chapter
Cite this chapter
Schneeweiss, C. (1999). Principal Agent Hierarchies. In: Hierarchies in Distributed Decision Making. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-03830-7_5
Download citation
DOI: https://doi.org/10.1007/978-3-662-03830-7_5
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-662-03832-1
Online ISBN: 978-3-662-03830-7
eBook Packages: Springer Book Archive