We study the role of information exchange, leadership and coordination in team or partnership structures. For this … held information on the joint production process. Once individual information is shared, team members decide individually … in this environment such that team members communicate their private information and exert efficient productive efforts …

I investigate the optimal way of organizing and motivating the production of information by a team of agents. I compare … two modes of production. In the "team outputs" setting, agents produce public information jointly and their individual … contributions are indistinguishable. In the "individual outputs" setting, each agent produces her own public information. Directing …

Neeman (2004) and Heifetz and Neeman (2006) have shown that, in auctions with incomplete information about payoffs … parameters. They argue that the set of incomplete-information models satisfying this so-called BDP property ("beliefs determine … rich and beliefs are derived by conditioning on the available information; for any agent, this information includes his own …

A principal delegates a decision to an agent, who has the capacity to process the relevant information. The principal … can jointly control the actions and the information available to the agent. I provide sufficient conditions under which … information, the agent plays exactly as the principal would want him to; and (ii) belongs to a simple class of delegation and …