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  • Search: subject:"Principal's Reputation Concerns"
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Cheap Talk 1 Delegation 1 Principal's Reputation Concerns 1
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Free 1
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Book / Working Paper 1
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English 1
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Tamada, Yasunari 1 Tsai, Tsung-Sheng 1
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Econometric Society 1
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Econometric Society 2004 Far Eastern Meetings 1
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Allocation of Decision-Making Authority with Principal's Reputation Concerns
Tsai, Tsung-Sheng; Tamada, Yasunari - Econometric Society - 2004
This paper analyzes the allocation of decision-making authority when the principal has reputation concerns. The principal can either keep the authority and consult the agent (an expert), or delegate the authority to the agent; however, the outside evaluator cannot observe the allocation of...
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