Incentives, Information, and Organizational Form

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Eric Maskin; Yingyi Qian; Chenggang Xu;
(1999)

February 6, 1999 We model an organization as a hierarchy of managers erected on top of a technology (here consisting of a collection of plants). In our framework, the role of a manager is to take steps to reduce the adverse consequences of shocks that affect the plants ... View more
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