Tag
principal_agent_problem
3 findings
Behaviour & psychologyAsymmetric Migrant-Recipient Preference Divergence40% of migrant senders expressed a desire for more control over how recipient households use remittances, and 56% report instructing recipients on fund usage; however, labeling resulted in a statistically non-significant change of -0.200 log points in expenditure on migrants' priority items.RCTPolicy & public sectorPrincipal-Agent Objective Misalignment in Decentralized Bureaucracies40% of surveyed caseworkers stated "improving personal situation" as their primary goal for low-qualified unemployed, 35% targeted "long-run reintegration", and only 25% aligned with the federal law's primary statutory objective of "rapid reintegration".Observational StudyFinance & microfinanceTransnational Principal-Agent Information Asymmetry in Remittance ManagementJoint financial education for migrants and home-country recipients raises total savings and remittances while boosting joint decision-making, whereas isolated individual training yields muted impacts on financial decision-making.RCT