Automobile dealership contracts, the management practice of category management, and transfer pricing practices by multinationals can exhibit a property we refer to as partial delegation. In a bargaining problem between an informed party and an uninformed party, partial delegation involves the...

In this paper we use a model of tax competition to study the role of information sharing in common agency problems. Two national governments are assumed to compete in tax schedules for the revenues and output of a multinational firm in which only one of the governments is informed about the...