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- W2580970975 abstract "Considerable research applies principal-agent theory to administration. Though previous analysts have not applied it to child rearing, we argue that the changing character of the family and accordingly increased use of paid caregivers for children illustrate some of the issues catalogued in principal-agent theory. We will outline the basic assumptions of principal-agent theory and apply these to childcare as presented in the darkly comic bestseller The Nanny Diaries, based in part on actual events. In particular, our discussion suggests the difficulties of monitoring child-care workers due to information asymmetries and the likelihood of what Brehm and Gates (1997) refer to as “shirking and sabotage.” As with the bureaucrats discussed by Brehm and Gates, in The Nanny Diaries, the most dedicated child-care workers, those least likely to shirk, are also least likely to obey the principals’ (parents’) orders, since they have deeply held values and significant knowledge regarding child care. We suggest The Nanny Diaries for classroom use in illustrating principal-agent concepts." @default.
- W2580970975 created "2017-02-03" @default.
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- W2580970975 date "2016-12-08" @default.
- W2580970975 modified "2023-09-27" @default.
- W2580970975 title "Mommy-Nanny as Principal-Agent in The Nanny Diaries" @default.
- W2580970975 doi "https://doi.org/10.22140/pv.105" @default.
- W2580970975 hasPublicationYear "2016" @default.
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