communication technology, have a wider span of organization, and are further removed from a decision unit with lending authority …

This paper views authority as the right to undertake decisions that impose externalities on other members of the … organization's decisions. Under asymmetric information, the efficient allocation of authority depends on the communication of …

Employment contracts give a principal the authority to decide flexibly which task his agent should execute. However … behavioral forces shape an important transaction cost of integration – the abuse of authority – and by providing an empirical …

groups depends on the leader's authority to make personnel decisions, especially whether the leader can replace team members …

This Paper examines the optimal structure of management when a decision-maker must have a mass of information processed … full authority over the agents, or they hand over this authority to an outside supplier by outsourcing these activities. By … incorporating authority in a stylized model of information processing, we endogenize the comparative advantage of each form of …

e±ciently, the integrated firm's top management must obtain information about the possible use of resources from …

the ultimate decision is either taken by a leader (decision by authority) or by majority vote. Optimal communication …