Timing Decisions in Organizations: Communication and Authority in a Dynamic Environment

We consider a problem where an uninformed principal makes a timing decision interacting with an informed but biased agent. Because time is irreversible, the direction of the bias crucially affects the agent's ability to credibly communicate information. When the agent favors late decision makin...

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Bibliographic Details
Main Authors: Grenadier, Steven R., Malenko, Andrey, Malenko, Nadya
Other Authors: Sloan School of Management
Format: Article
Language:en_US
Published: American Economic Association 2017
Online Access:http://hdl.handle.net/1721.1/109130
https://orcid.org/0000-0002-6429-850X

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