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. What restricts implementability? When does re-organization help to overcome this restriction? This paper shows that any … moral hazard models yields insights into optimal organization design, uncovers the reason why certain organization designs …-tasking problem. -- moral hazard ; hidden action ; implementation ; multi-tasking ; identification by organization design …
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too high from both the agent's personal point of view and the organization as a whole. …
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A principal incentivizes a team of agents to work by privately offering them bonuses contingent on team success. We study the principal's optimal incentive scheme that implements work as a unique equilibrium. This scheme leverages rank uncertainty to address strategic uncertainty. Each agent is...
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