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The principal–agent problem refers to the conflict in interests and priorities that arises when one person or entity (the "agent") takes actions on behalf of another person or entity (the "principal"). [1] The problem worsens when there is a greater discrepancy of interests and information between the principal and agent, as well as when the ...
Agent handling. In intelligence organizations, agent handling is the management of so-called agents (called secret agents or spies in common parlance), principal agents, and agent networks (called "assets") by intelligence officers typically known as case officers .
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Justice. Keywords. Agency (law) Castillo v. Case Farms of Ohio, 96 F. Supp. 2d 578 (W.D. Tex. 1999), is a case involving poor working conditions for migratory workers. It established that a principal / agent relationship existed between Case Farms and America's Tempcorps (ATC) that allowed Case Farms to be liable for its agent's actions.
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Agent (economics) In economics, an agent is an actor (more specifically, a decision maker) in a model of some aspect of the economy. Typically, every agent makes decisions by solving a well- or ill-defined optimization or choice problem. For example, buyers ( consumers) and sellers ( producers) are two common types of agents in partial ...
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Bureaucratic drift in American political science is a theory that seeks to explain the tendency for bureaucratic agencies to create policy that deviates from the original mandate. [1] [2] [3] The difference between a bureaucracy's enactment of a law and the legislature's intent is called bureaucratic drift. [4] [5] Legislation is produced by ...