We study the delegation problem between a principal and an agent, who not only has better information about the …

Learning is crucial to organizational decision making but often needs to be delegated. We examine a dynamic delegation … delegation as a dynamic mechanism design problem and characterize the optimal delegation scheme. We show that private learning … discuss implications on learning delegation for distinct organizations. …

In this paper, we investigate optimal delegation mechanisms in the presence of countervailing conflicts of interest in … to the outside option and project biases. We compare three delegation mechanisms: full delegation, veto-based delegation …, and communication (no delegation). Contrary to conventional one-dimensional conflict models, our findings reveal a non …

In an agency model with adverse selection, we study how hidden interactions between agents affect the optimal contract …