The profit and risk of loss remains within the principal, unless the agent is a del credere one.
除非代理人是保兑的，否则利润和损失风险由委托人承担。
Moral risk is produced in principal and agent relationship, which results from the discordance of purpose and unequal information between principal and agent.
道德风险是在委托代理关系中产生的，其原因在于委托人和代理人努力目标不一致，信息不对等。
According to the theory of principal-agent, the shareholder should supervise the behavior of the manager in order to reduce the moral risk came from the asymmetry of information.
根据委托代理理论，为了减少因信息不对称所产生的经理人员的道德风险行为，股东需要对经理人员进行监督。
This text will make use of the game theory and the information economics theory, from the Angle of principal-agent relationship, to analyse the risk of logistics outsourcing.
本文将运用博弈论与信息经济学理论，从合作双方的委托代理关系角度分析物流外包产生的风险。
Based on principal-agent model, we study how ex-ante contract design (namely bundling) is to reduce risks by incentives, so as to achieve the objective of risk governance.
本文利用委托代理模型，研究事前的合同设计(即捆绑情况)是如何通过激励减少风险，从而达到风险治理目标的。
Based on principal-agent model, we study how ex-ante contract design (namely bundling) is to reduce risks by incentives, so as to achieve the objective of risk governance.
本文利用委托代理模型，研究事前的合同设计(即捆绑情况)是如何通过激励减少风险，从而达到风险治理目标的。
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