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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/10012415488
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/10012160310
This paper studies information orders in screening models with quasilinear preferences. I amend a general screening problem with a public signal about the agent's type and provide robust rankings of signals from the principal's perspective. The principal prefers one signal to another for any...
Persistent link: https://www.econbiz.de/10014078440