A Double Moral Hazard Model of Organization Design
نویسندگان
چکیده
منابع مشابه
A double moral hazard model of organization design
We develop a theory of organization design in which the firm’s structure is chosen to mitigate moral hazard problems in the selection and the implementation of projects. For a given set of projects, the “divisional structure” which gives each agent the full responsibility over a subset of projects is in general more efficient than the functional structure under which projects are implemented by...
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ژورنال
عنوان ژورنال: Journal of Economics & Management Strategy
سال: 2010
ISSN: 1058-6407,1530-9134
DOI: 10.1111/j.1530-9134.2009.00245.x