Theories of Delegation in Political Science
We survey modern models of delegation which assume that a boss and subordinate pursue their own goals. Among the major themes covered are thefolling: the conditions under which the boss will prefer to delegate versus those in which she will prefer to retain authority; the ways in which a boss can induce a subordinate to truthfully reveal information; when rational principals will use the ally principle; delegation in repeated interactions; and the ways in which delegation can overcome committment problems.
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- repec:tpr:qjecon:v:101:y:1986:i:1:p:33-49 is not listed on IDEAS
- Jensen, Henrik, 1997. "Credibility of Optimal Monetary Delegation," American Economic Review, American Economic Association, vol. 87(5), pages 911-20, December.
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