In this book a fresh look at the central issues of architecture is assembled and recast into a fully integrated narrative, based on two foundational and complementary aspects of architectural design: those that give shape and those that give focus--forming and centering.

In an agency model with adverse selection, we study how hidden interactions between agents affect the optimal contract. The principal employs two agents who learn their task environments through their involvement. The principal cannot observe the task environments. It is important to note that...

We examine the implementation of efficient decisions about accepting a special order with asymmetric information by means of a dual transfer pricing mechanism based on Ronen and McKinney (1970). The model is designed in a simple fashion, two vertically related divisions within a firm...