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This paper studies how information control affects incentives for collusion and optimal organizational structures in principal-supervisor-agent relationships. I consider a model in which the principal designs the supervisor's signal on the productive agent's private information and the...
Persistent link: https://www.econbiz.de/10013189018
This paper studies optimal information disclosure under the threat of collusion. A principal seeks to procure a good from one of two agents who can collude against the principal. The first agent has a publicly known cost of production and the second agent's cost is his private information. The...
Persistent link: https://www.econbiz.de/10011527906
This paper studies how information control affects incentives for collusion and optimal organizational structures in principal-supervisor-agent relationships. I consider a model in which the principal designs the supervisor's signal on the productive agent's private information and the...
Persistent link: https://www.econbiz.de/10012160563