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Stephen A. Ross
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Stephen Alan (Steve) Ross (February 3, 1944 – March 3, 2017) is an American economist and Professor of Financial Economics at the MIT Sloan School of Management, known for initiating several important theories and models in financial economics.
Quotes
The relationship of agency is one of the oldest and commonest codified codes of social interaction. We will say that an agency relationship has arisen between two (or more) parties when one, designated as the agent, acts for the other, designated the principal, in a particular domain of decision problems. Examples of agency are universal.
Stephen A. Ross "The Economic Theory of Agency: The Principal's Problem," Amer. Econom. Rev., 63 (1973), 134-139; As cited in Eisenhardt (1985, 136)
External links
Stephen Ross (economist)
Category:1944 births
Category:2017 deaths
Category:Economists from the United States
Category:Academics from the United States
Category:Business theorists from the United States
Category:People from Boston