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