Publication:

Indian principal-agent theory, or, how Varuṇa helps the king to be just

Date

Date

Date
2016
Journal Article
Published version

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Citation copied

Wiese, H. (2016). Indian principal-agent theory, or, how Varuṇa helps the king to be just. Asiatische Studien - Études Asiatiques, 70(2), 571–589. https://doi.org/10.1515/asia-2015-0045

Abstract

Abstract

Abstract

Economic principal-agent theory deals with asymmetric information. It has two aspects. (i) If one person is better informed than another one, the former may outwit the latter. Kauṭilya, the Arthaśāstra’s author, and other artha or dharma authors had a very good understanding of outwitting. (ii) Economic theory teaches that the person in command of superior knowledge may not always be able to benefit from this knowledge. He may need the uninformed side to agree to some mutually beneficial venture. The very fact of asymmetric informatio

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129 since deposited on 2017-01-23
Acq. date: 2025-11-13

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99 since deposited on 2017-01-23
Acq. date: 2025-11-13

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Creators (Authors)

  • Wiese, Harald

Journal/Series Title

Journal/Series Title

Journal/Series Title

Volume

Volume

Volume
70

Number

Number

Number
2

Page range/Item number

Page range/Item number

Page range/Item number
571

Page end

Page end

Page end
589

Item Type

Item Type

Item Type
Journal Article

Dewey Decimal Classifikation

Dewey Decimal Classifikation

Dewey Decimal Classifikation

Language

Language

Language
English

Publication date

Publication date

Publication date
2016

Date available

Date available

Date available
2017-01-23

Publisher

Publisher

Publisher

ISSN or e-ISSN

ISSN or e-ISSN

ISSN or e-ISSN
0004-4717

OA Status

OA Status

OA Status
Green

Free Access at

Free Access at

Free Access at
DOI

Metrics

Downloads

129 since deposited on 2017-01-23
Acq. date: 2025-11-13

Views

99 since deposited on 2017-01-23
Acq. date: 2025-11-13

Citations

Citations

Citation copied

Wiese, H. (2016). Indian principal-agent theory, or, how Varuṇa helps the king to be just. Asiatische Studien - Études Asiatiques, 70(2), 571–589. https://doi.org/10.1515/asia-2015-0045

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