Part B

Question 1

Structure

Answer 1

1. What is going on
2. Theoretical tools
3. Players
   
   • Information
   • Motivation / incentives
   • Conflict of interest / cooperation problem
   • Interactions
   • How is value created
   • Principle/agent
4. Analysis
   
   • Current situation
     
     • Advantages
     • Cooperation & coordination problems
     • Ownership influence behavior
     • Interdependencies
     • Bargaining power: how is value divided?
     • Is promises credible?
   • Alternatives
     
     • Cooperation & coordination problems
5. Recommendations
   
   • Monitoring
   • Incentive systems
   • Ownership structure
   • Challenges of change
6. Limitations