as an independent profit center that contracts with the parent firm as well as the supplier. The delegation of decision … can claim from the supplier. To identify the role of delegation, we focus instead on two games. Both games have a … continuum of equilibria, which we compare to the set of incentive efficient equilibria of the initial no-delegation bargaining …

outside evaluator cannot observe the allocation of authority. Hence, delegation can provide a way to manipulate the principal …'s ex post reputation. In general, the principal keeps the authority too often when she has the opportunity of delegation …

that such profitable delegation is possible and characterizes the agents to whom a given agent may delegate the …

organization, employ subordinates and contract with external suppliers. This paper explains when such delegation of authority can … two two-tier hierarchies, the principal designs contracts for both agents. In delegation with a three-tier hierarchy, the … where the principal can benefit from delegating authority to the manager, but not to the worker. Beneficial delegation …