The purpose of this paper is to examine how tasks should be allocated in a simple hierarchy consisting of an organizational designer and subordinates, in the framework of a principal-agent relationship with moral hazard.
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Paper provided by Osaka - Institute of Social and Economic Research in its series Papers with number
403.
Length: 21 pages Date of creation: 1996 Date of revision: Handle: RePEc:fth:osakae:403
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Find related papers by JEL classification: D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information J41 - Labor and Demographic Economics - - Particular Labor Markets - - - Labor Contracts M12 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - Personnel Management; Executive Compensation
Cited by: (explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)
Oliver Gürtler, 2006.
"On Delegation under Relational Contracts,"
Discussion Papers
113, SFB/TR 15 Governance and the Efficiency of Economic Systems, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
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