Delegation, Externalities and Organizational Design

TitleDelegation, Externalities and Organizational Design
Publication TypeWorking Paper
Year of Publication2007
AuthorsA. Gautier, D. Paolini
Number2007_10
Abstract

In a repeated interaction between a principal and two agents with inter-agents externalities and asymmetric information, we show that optimal decentralization within the organization is limited to the …first period and across agents.

Citation Key259
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