Monitoring subcontracting in a suppliers' hierachy

In this paper we study the delegation of a production process in a three-tier hierarchy. The principal contracts directly only with the supplier that produces the first input leaving him in charge of the contract for the production of the second input. We allow the principal to costlessly monitor th...

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Yazar: Cella, M
Materyal Türü: Working paper
Baskı/Yayın Bilgisi: University of Oxford 2005
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Monitoring Subcontracting in a Suppliers` Hierachy Yazar: Cella, M

Baskı/Yayın Bilgisi 2005
Working paper