A common agency within bureaucracy

A common agency within bureaucracy

We explore the welfare implications of multiple principals in the top level of bureaucracy. An agent has to carry out two separate tasks, which can either be organized by two separate principals, or combined under one principal. The relationship between the top level (the principals) and the lower l...

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Bibliographic Details
Main Author: Nadide Banu OLCAY
Format: Article
Language:English
Published: General Association of Economists from Romania 2016-06-01
Series:Theoretical and Applied Economics
Subjects:
principal-agent
bureaucracy
incentives
public goods
Online Access: http://store.ectap.ro/articole/1183.pdf

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