Delegation, Externalities and Organizational Design
AbstractIn 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.
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Bibliographic InfoPaper provided by Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia in its series Working Paper CRENoS with number 200710.
Date of creation: 2007
Date of revision:
Other versions of this item:
- Axel Gautier & Dimitri Paolini, 2009. "Delegation, externalities and organizational design," Economics Bulletin, AccessEcon, vol. 29(4), pages 2683-2692.
- Axel Gautier & Dimitri Paolini, 2007. "Delegation, Externalities and Organizational Design," CREPP Working Papers 0709, Centre de Recherche en Economie Publique et de la Population (CREPP) (Research Center on Public and Population Economics) HEC-Management School, University of Liège.
- D8 - Microeconomics - - Information, Knowledge, and Uncertainty
- L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior
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