Monitored by your friends, not your foes: Strategic ignorance and the delegation of real authority

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Monitored by your friends, not your foes: Strategic ignorance and the delegation of real authority

In this laboratory experiment we study the use of strategic ignorance to delegate real authority within a firm. A worker can gather information on investment projects, while a manager makes the implementation decision. The manager can monitor the worker. This allows her to better exploit the information gathered by the worker, but also reduces the worker's incentives to gather information in th...

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ژورنال

عنوان ژورنال: Games and Economic Behavior

سال: 2014

ISSN: 0899-8256

DOI: 10.1016/j.geb.2014.02.003