The economic theory of agency

Ross, S. A. (1973). The economic theory of agency: The principal's problem. American Economic Review, 63(2), 134-139.

Type

Journal article

Intellectual base

Primary research

Year

1973

Volume

63

Issue

2

Pages

134-139

Link

https://www.jstor.org/stable/1817064

Cited from

economics_finance

Cited by

1 citation across 1 artifact.

Each citation links to the sentence it supports in the citing article.

Primes

• Agency Problem
  • The construct was named and formalized by Jensen and Meckling (1976) and Ross (1973), though the underlying concerns appear in Adam Smith (1776) and throughout economic and legal history

    This sourceOne of the first formal treatments of the principal-agent problem; defines the agency relationship as one party acting on behalf of another in a domain of decision problems. SUPPORTS the claim that the construct was formalized by Ross (1973).

Verification

Does it exist? Not checked yet. This entry carries no identifier to resolve. It was extracted from the citation as written in the article, normalized, and deduplicated against the rest of the registry.

Does it back the claim? Not recorded. The single citation of this work carries no recorded support check.

Support is checked per citation rather than per work — the same source can be cited soundly in one article and wrongly in another. Per-citation recording began recently, so a citation with no recorded check is a gap in the record rather than evidence it went unchecked.

See how references were verified.

Registry ID ref:eec8ecc17aa8 · see in the full table