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We survey modern models of delegation which assume that a boss and subordinate pursue their own goals. Among the major themes covered are thefolling: the conditions under which the boss will prefer to delegate versus those in which she will prefer to retain authority; the ways in which a boss...
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A leader of an organization may view a subordinate as threatening or weakening the leader's position. The threat may increase with the subordinate's ability and reduce the rents the leader wins. In particular, a leader who trains his subordinate reduces the cost to the owner of a firm in...
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Let an organization, such as a government or a firm, evaluate projects with the aim of maximizing social welfare or profits. Each project is evaluated by an agent, who may err. Some agents, however, are more likely to make a correct evaluation. Agents may revealed as making correct evaluations...
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We examine how political, institutional, and economic variables affect the likelihood increases in state gasoline taxes.
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