Incentives

Book English OPEN
Maskin, Eric; Qian, Yingyi; Xu, Cheng-Gang;
(1997)
  • Publisher: Centre for Economic Performance, London School of Economics and Political Science
  • Subject: HD Industries. Land use. Labor

We model organization as the command-and-communication network of managers erected on top of technology (which is modeled as a collection of plants). In our framework, the role of a manager is to deal with shocks that affect the plants that he oversees directly or indir... View more
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