This paper analyses, within a static model, the trade-off between economies of scale and informational cost of regulating a monopoly. Within the framework of the new regulatory economics, which emphasizes asymmetries of information, we weigh the informational advantage of duopolistic structures...

Because much of work incentives are provided through promotions, their effectiveness depends to a large extent on the structure of the organization's hierarchy. Here, we investigate the impact of the incentive motive on the optimal hierarchy using the Auriol-Renault [2000] framework which...