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, even with bilateral delegation. The incomplete information created by strategic opacity choices does not lead to … unilateral delegation, bilateral delegation is never worse from a welfare perspective. …
Persistent link: https://www.econbiz.de/10013353483
Experimental studies have modeled individual funding of social projects as contributions to a threshold public good. We examine donors’ behavior when they face multiple threshold public goods and the possibility of coordinating their contributions via an intermediary. Employing the...
Persistent link: https://www.econbiz.de/10013479055
We provide evidence on how responsibility-shifting through delegation occurred in China's implementation of the one … responsibility-shifting effect of delegation. …
Persistent link: https://www.econbiz.de/10014467724
As technology-assisted decision-making is becoming more widespread, it is important to understand how the algorithmic nature of the decisionmaker affects how decisions are perceived by the affected people. We use a laboratory experiment to study the preference for human or algorithmic decision...
Persistent link: https://www.econbiz.de/10014467833
We study the interaction between algorithmic advice and human decisions using high-resolution hotel-room pricing data. We document that price setting frictions, arising from adjustment costs of human decision makers, induce a conflict of interest with the algorithmic advisor. A model of advice...
Persistent link: https://www.econbiz.de/10014469708
Regulators and other governors rely on intermediaries to set and implement policies and to regulate targets. Existing literatures focus heavily on intermediaries of a single type – Opportunists, motivated solely by self‐interest. But intermediaries can also be motivated by different types of...
Persistent link: https://www.econbiz.de/10014485897
environmental impact, the bureau is permitted to set its own preferred policy (optimal delegation). …
Persistent link: https://www.econbiz.de/10010398420
The author analyses delegation in homogenous duopoly under the assumption that the firm-managers compete in supply … the author finds that owners give managers incentives to act in an accommodating way. As a result, optimal delegation …
Persistent link: https://www.econbiz.de/10010420301
The allocation of decision rights is an integral component of designing organizational architecture. Economists have long understood the importance of co-locating decision rights with the knowledge that is valuable to those decisions. Following this prescription, marketing scholars have...
Persistent link: https://www.econbiz.de/10010421326
In an experiment, we model two stylized facts about capital budgeting practice, budgetary slack creation and delegation … gives a cost report, and headquarters decides on the project. Under delegation, headquarters allocates a budget to the … a budget moderates the effect of delegation, and we find evidence in favor of our argument as there is an interaction …
Persistent link: https://www.econbiz.de/10010421356