Accept or reject? An organizational perspective
详细信息 查看全文
- 作者：Umberto Garfagninia ; umberto.garfagnini@itam.mx" class="auth_mail ; Marco Ottavianib ; marco.ottaviani@unibocconi.it" class="auth_mail ; Peter Norman Sø ; rensenc ; peter.sorensen@econ.ku.dk" class="auth_mail
- 关键词：Information ; Cheap talk ; Delegation ; Voting
- 刊名：International Journal of Industrial Organization
- 出版年：May 2014
- 年：2014
- 卷：34
- 期：Complete
- 页码：66-74
- 全文大小：385 K
文摘
- •
A principal must accept or reject a project of unknown quality.
- •
The principal decides in consultation with a biased expert.
- •
Article compares the performance of different organizational structures.
- •
An uninformed principal finds informative cheap talk and delegation equivalent.
- •
An informed principal strictly prefers cheap talk communication.