Binary Decision Structures and the Required Detail of Information
AbstractHow much does one need to know about the characteristics of heterogeneous agents in order to position them correctly in an organizational structure? This question is addressed in a project selection framework with error--prone decision--makers.
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Bibliographic InfoPaper provided by European University Institute in its series Economics Working Papers with number eco98/1.
Length: 34 pages
Date of creation: 1998
Date of revision:
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ORGANIZATIONAL STRUCTURE ; INFORMATION;
Find related papers by JEL classification:
- D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
- D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
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- Joseph E. Stiglitz, 2002.
"Information and the Change in the Paradigm in Economics,"
American Economic Review,
American Economic Association, vol. 92(3), pages 460-501, June.
- Stiglitz, Joseph E., 2001. "Information and the Change in the Paradigm in Economics," Nobel Prize in Economics documents 2001-8, Nobel Prize Committee.
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