optimally prescribe to follow the agent's recommendation. We define two sub-cases, called delegation and authority, being parts … the principal. We assume that there are both adverse selection and moral hazard under delegation and moral hazard under … authority and the agent is risk neutral but protected by limited liability on utility. We find that delegation can be efficient …

the two parties and that both of them provide non-contractible efforts which diminish their incentives. …

the form of simple delegation sets, exactly as in the one-dimensional case. When instead the agent finds some benefits in …

in new product development (NPD): supply network delegation; and supply network intervention. The implications of the two … delegation, when applied as part of supplier involvement in product development, and positive and negative indications of … delegation and intervention, depending on the actor perspective: manufacturers perceive a need to control the product development …

agreement may or may not be reached. Finally, when an agreement is reached, it may exhibit strategic delegation when the median … voters are the Condorcet winners in both countries : this delegation is the outcome of the struggle by electorates to …

with respect to the paradox management that has been delegated to them, to analyse the extent to which this delegation …

We consider as endogenous the choice of the delegation' rule in a political integration process between two countries …. We study three potential types of delegation: strong, weak or no delegation, this last case corresponding to a referendum … decide on their delegation rule induce negative political externalities between countries, which cancel the gains achieved by …

so much a matter of degree -more or less delegation- than a matter of manner. Understanding the cultural representations … effective delegation in Madagascar. This suggests that managers should adapt the way they empower their teams to the conditions … and forms of delegation prevailing in local cultures. …

-selection constraints and effort incentives, determines an equal treatment property; the expected utilities of different types of students … incentives and insurance (redistribution). …