Search results
Results From The WOW.Com Content Network
The multiple principal problem, also known as the common agency problem, the multiple accountabilities problem, or the problem of serving two masters, is an extension of the principal-agent problem that explains problems that can occur when one person or entity acts on behalf of multiple other persons or entities. [1]
In economic theory, the principal-agent approach (also called agency theory) is part of the field contract theory. [36] [37] In agency theory, it is typically assumed that complete contracts can be written, an assumption also made in mechanism design theory. Hence, there are no restrictions on the class of feasible contractual arrangements ...
Bourdieu's work attempts to reconcile structure and agency, as external structures are internalized into the habitus while the actions of the agent externalize interactions between actors into the social relationships in the field. Bourdieu's theory, therefore, is a dialectic between "externalizing the internal", and "internalizing the external".
Many early international legal theorists were concerned with axiomatic truths thought to be reposed in natural law.Sixteenth century natural law writer, Francisco de Vitoria, a professor of theology at the University of Salamanca, examined the questions of the just war, the Spanish authority in the Americas, and the rights of the Native American people.
Article 38(1) of the Statute of the International Court of Justice is generally recognized as a definitive statement of the sources of international law. [2] It requires the Court to apply, among other things, (a) international conventions, whether general or particular, establishing rules expressly recognized by the contesting states; (b) international custom, as evidence of a general ...
In a review of Social Theory of International Politics in Foreign Affairs G. John Ikenberry argued that the first section of the book is a "winding tour" of constructivism's underpinning. After this Wendt explores possible alternative "cultures" of international relations (Hobbesian, Lockean, and Kantian) a result of his view that anarchy does ...
Agency law in the United Kingdom is a component of UK commercial law, and forms a core set of rules necessary for the smooth functioning of business. Agency law is primarily governed by the Common law and to a lesser extent by statutory instruments. In 1986, the European Communities enacted Directive 86/653/EEC on self-employed commercial agents.
The theory is complicated by existence of actors with global security interests and force projection capabilities. However, Buzan and Wæver posit that even the global powers' security interests are fundamentally regional in nature.