This book assesses the use and limitations of the principal-agent model in a context of increasingly complex political systems such as the European Union. Whils

Drawing on the best scholars in the field from around the world, this handbook showcases conceptual and normative as well as the empirical approaches in public

Economics has much to do with incentives--not least, incentives to work hard, to produce quality products, to study, to invest, and to save. Although Adam Smith

Complex systems are systems that comprise many interacting parts with the ability to generate a new quality of collective behavior through self-organization, e.

Agency Theory is a new branch of economics which focusses on the roles of information and of incentives when individuals cooperate with respect to the utilisati