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Filtering by: Keyword decision rights Keyword incomplete contracts

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Essays On The Theory of Delegation in Organizations

Description:

In "Optimal Delegation" I analyze the design of decision rules by a principal who faces an informed but biased agent and who is unable to commit to contingent transfers. The contracting problem reduces to a delegation problem in which the principal commits to a set of decisions from which the...

Keyword:

delegation, decision rights, cheap talk, incomplete contracts, and authority

Subject:

Kellogg School of Management

Creator:

Ricardo Alonso

Owner:

Scholarly Digital Publishing

Date Uploaded:

05/30/2018

Date Modified:

05/30/2018

Date Created:

2007-05-11

Resource Type:

Dissertation