The Limits of Authority: Motivation versus Coordination
This paper studies the effects of open disagreement on motivation and coordination. It shows how - in the presence of differing priors - motivation and coordination impose conflicting demands on the allocation of authority, leading to a trade-off between the two. The paper first derives a new mec...
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| Format: | Working Paper |
| Language: | en_US |
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2007
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| Online Access: | http://hdl.handle.net/1721.1/37305 |