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Concept information

Preferred term

principal-agent theory  

Definition(s)

  • Principal-agent theory is based on a hierarchical notion of political relationships that traces back to the politics-administration dichotomy first enunciated by Woodrow Wilson in 1887. Politics involves deciding who gets what, while administration deals with how—and arguably, when—it is delivered. [Source: The Encyclopedia of Political Science; Principal-agent Theory]

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-LTV3G588-L

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