based on authority rights and minimizing costs for implementing high efforts. The analysis includes the owner of a firm, a … delegation of authority to them to replace their high incentive pay by incentives based on private benefits of control. In that … situation, decentralization is optimal given that selfish behavior is more important than cooperation for maximizing returns …

based on authority rights and minimizing costs for implementing high efforts. Concentrated delegation and hierarchical … that situation, the importance of cooperative behavior between the firm's divisions determines whether decentralization or … cross-authority delegation is the optimal form of full delegation. If, however, the division heads are more efficient than …

based on authority rights and minimizing costs for implementing high efforts. The analysis includes the owner of a firm, a … delegation of authority to them to replace their high incentive pay by incentives based on private benefits of control. In that … situation, decentralization is optimal given that selfish behavior is more important than cooperation for maximizing returns …

based on authority rights and minimizing costs for implementing high efforts. Concentrated delegation and hierarchical … that situation, the importance of cooperative behavior between the firm's divisions determines whether decentralization or … cross-authority delegation is the optimal form of full delegation. If, however, the division heads are more efficient than …

based on authority rights and minimizing costs for implementing high efforts. Concentrated delegation and hierarchical … situation, decentralization is the optimal form of full delegation given that selfish behavior is more important than … cooperation, but cross-authority delegation is optimal for cooperation being crucial. If, however, the division heads are clearly …

based on authority rights and minimizing costs for implementing high efforts. The analysis includes the owner of a firm, a … delegation of authority to them to replace their high incentive pay by incentives based on private benefits of control. In that … situation, decentralization is optimal given that selfish behavior is more important than cooperation for maximizing returns …

based on authority rights and minimizing costs for implementing high efforts. Concentrated delegation and hierarchical … that situation, the importance of cooperative behavior between the firm's divisions determines whether decentralization or … cross-authority delegation is the optimal form of full delegation. If, however, the division heads are more efficient than …

partial delegation if selfish behavior is crucial. -- authority ; centralization ; contracts ; decentralization ; moral hazard … based on authority rights and minimizing costs for implementing high efforts. Concentrated delegation and hierarchical … situation, decentralization is the optimal form of full delegation given that selfish behavior is more important than …

based on authority rights and minimizing costs for implementing high efforts. Concentrated delegation and hierarchical … situation, decentralization is the optimal form of full delegation given that selfish behavior is more important than … cooperation, but cross-authority delegation is optimal for cooperation being crucial. If, however, the division heads are clearly …

franchise contracts to opportunistically take over profitable establishments. This regulation may, however, reduce the total …