The dynamics of delegated decision making
This paper investigates the behaviour of bodies or organizations, operating in a stochastic environment, where there is a delegated decision maker. A crucial decision is when to delegate to another decision maker. The problem may be intrapersonal, as occurs when there are endogenously changing tas...
| Autor principal: | |
|---|---|
| Formato: | Working paper |
| Publicado: |
University of Oxford
2013
|