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Monitoring and Hierarchies: The Marginal Value of Information in a Principal-Agent Model

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  • Singh, Nirvikar

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  • Singh, Nirvikar, 1985. "Monitoring and Hierarchies: The Marginal Value of Information in a Principal-Agent Model," Journal of Political Economy, University of Chicago Press, vol. 93(3), pages 599-609, June.
  • Handle: RePEc:ucp:jpolec:v:93:y:1985:i:3:p:599-609
    DOI: 10.1086/261318
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    Citations

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    Cited by:

    1. Milton Harris & Artur Raviv, 2002. "Organization Design," Management Science, INFORMS, vol. 48(7), pages 852-865, July.
    2. Peter Bardsley, 1986. "A Note On The Viability Of Rainfall Insurance — Reply," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 30(1), pages 70-75, April.
    3. Pierre Chaigneau & Nicolas Sahuguet, 2023. "The Complementarity Between Signal Informativeness and Monitoring," Journal of Accounting Research, Wiley Blackwell, vol. 61(1), pages 141-185, March.
    4. Hector Chade & Edward E. Schlee, 2000. "Increasing Returns in the Value of Information," Econometric Society World Congress 2000 Contributed Papers 1715, Econometric Society.
    5. Pau Olivella, 1995. "Information Structures and the Delegation of Monitoring," Annals of Economics and Statistics, GENES, issue 39, pages 1-32.
    6. Henry Tosi, 2008. "Quo Vadis? Suggestions for future corporate governance research," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 12(2), pages 153-169, May.
    7. Lilia Filipova, 2007. "Monitoring and Privacy in Automobile Insurance Markets with Moral Hazard," Discussion Paper Series 293, Universitaet Augsburg, Institute for Economics.
    8. Lilia Filipova, 2007. "Monitoring and Privacy in Automobile Insurance Markets with Moral Hazard," Working Papers 026, Bavarian Graduate Program in Economics (BGPE).
    9. Rudolf Vetschera, 1999. "The Value of Preference Information in Agency Relationships," Computational and Mathematical Organization Theory, Springer, vol. 5(4), pages 343-360, December.
    10. Kyung-Hye Kim & Seung-Weon Yoo & Kyong-Soo Choi, 2019. "Information Asymmetry among Multiple Principals and Inefficiency within the Organization," Sustainability, MDPI, vol. 11(24), pages 1-14, December.
    11. Meijerink, Gerdien W., 2007. "If services aren't delivered, people won't pay: the role of measurement problems and monitoring in Payments for Environmental Services," 106th Seminar, October 25-27, 2007, Montpellier, France 7948, European Association of Agricultural Economists.
    12. Kilby, C., 1994. "World Bank-borrower relations and project supervision," Other publications TiSEM 86924339-a118-411b-8904-f, Tilburg University, School of Economics and Management.
    13. Pieter de Jong & Lakshmi Goel, 2016. "The influence of security analysts on CEO pay cuts," International Journal of Disclosure and Governance, Palgrave Macmillan, vol. 13(1), pages 26-52, February.
    14. Choi, Yoon K. & Merville, Larry J., 1995. "Monitoring, diversification and managerial incentive contracts," Economics Letters, Elsevier, vol. 47(1), pages 27-33, January.
    15. Aaron Finkle, "undated". "Obstructive Monitoring," Working Papers 14-05, Davidson College, Department of Economics.
    16. Bartsch, Elga, 1996. "Enforcement of environmental liability in the case of uncertain causality and asymmetric information," Kiel Working Papers 755, Kiel Institute for the World Economy (IfW Kiel).
    17. Aaron Finkle & Dongsoo Shin, 2020. "Obstructive monitoring," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 29(4), pages 873-891, October.
    18. Bala V. Balachandran, 1990. "Discussion of “Optimal employment contracts and the returns to monitoring in a principal†agent context†," Contemporary Accounting Research, John Wiley & Sons, vol. 6(2), pages 800-803, March.
    19. Goldsmith, Peter D. & Basak, Rishi, 1999. "Environmental Performance Indicators And Executive-Employee Risk Sharing," 1999 Annual meeting, August 8-11, Nashville, TN 21546, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    20. Stanley Baiman & Jerrold H. May & Arijit Mukherji, 1990. "Optimal employment contracts and the returns to monitoring in a principal†agent context," Contemporary Accounting Research, John Wiley & Sons, vol. 6(2), pages 761-799, March.
    21. Chade, Hector & Schlee, Edward, 2002. "Another Look at the Radner-Stiglitz Nonconcavity in the Value of Information," Journal of Economic Theory, Elsevier, vol. 107(2), pages 421-452, December.
    22. Sinha, Uday Bhanu, 2008. "International joint venture: Buy-out and subsidiary," Journal of Economic Behavior & Organization, Elsevier, vol. 65(3-4), pages 734-756, March.

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