Authority and power permeate political, social, and economic life, but empirical knowledge about the motivational … origins and consequences of authority is limited. We study the motivation and incentive effects of authority experimentally in … an authority-delegation game. Individuals often retain authority even when its delegation is in their material interest …

based on authority rights and minimizing costs for implementing high efforts. Concentrated delegation and hierarchical … cooperation, but cross-authority delegation is optimal for cooperation being crucial. If, however, the division heads are clearly …

conditions under which simple delegation of authority is the solution to the complete-contracting problem of the parties. We …

This paper offers a rationale for limiting the delegation of (real) authority, which neither relies on insurance …

may prefer to delegate authority over decisions to the risk-averse agent. Intuitively, for incentive reasons, the …

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 …

may prefer to delegate authority over decisions to the risk-averse agent. Intuitively, for incentive reasons, the …

This paper offers a rationale for limiting the delegation of (real) authority, which neither relies on insurance …

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 …