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Mathematical model of delegated monitoring

L.D. Philatova, O.Y. Ilyasova
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The necessary conditions of delegated monitoring advantage, compared with the direct control of the investor's side, was formulated and proved in this article according to the Diamond's model.
Reference:
Filatova, L.D. and Iliasova, O.E. (2003), “Matematicheskaia model delegirovannogo monitoringa”, Information Processing Systems, Vol. 2(24), pp. 113-116.