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Double risque moral et délégation

Author

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  • MACHO-STADLER, I.
  • PEREZ-CASTRILLO, J.D.

Abstract

Cet article étudie un modèle principal-agent dans lequel se pose un problème de double risque moral : ni le comportement de l'agent ni celui du principal sont des variables vérifiables. On montre que si le principal doit fournir un effort qui affecte les intérêts de l'agent, il trouve alors toujours profitable de déléguer cette tâche à une tierce partie - plutôt que de la prendre en charge lui-même. Cette analyse permet, entre autres choses, de justifier une structure hiérarchique à trois niveaux, même dans des contextes très simples. On discute des inefficacités que l'existence de coalitions entre les différents niveaux de la hiérarchie peut provoquer dans une telle structure. Finalement, on compare la structure hiérarchique proposée à une structure à la Mirrlees.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Macho-Stadler, I. & Perez-Castrillo, J.D., 1990. "Double risque moral et délégation," DELTA Working Papers 90-21, DELTA (Ecole normale supérieure).
  • Handle: RePEc:del:abcdef:90-21
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    Cited by:

    1. Jelovac, Izabela & Macho-Stadler, Ines, 2002. "Comparing organizational structures in health services," Journal of Economic Behavior & Organization, Elsevier, vol. 49(4), pages 501-522, December.

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    Keywords

    risk ; modeles economiques;

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