G2TT
来源类型Discussion paper
规范类型论文
来源IDDP4059
DP4059 Kleptocracy and Divide-and-Rule: A Model of Personal Rule
Thierry Verdier; Daron Acemoğlu; James Robinson
发表日期2003-09-23
出版年2003
语种英语
摘要This Paper examines the optimal structure of management when a decision-maker must have a mass of information processed before making a decision. They can either delegate processing tasks inside their own organization, in which case they retain full authority over the agents, or they hand over this authority to an outside supplier by outsourcing these activities. By incorporating authority in a stylized model of information processing, we endogenize the comparative advantage of each form of delegation, and provide novel microfoundations for the make-or-buy decision. We outline precise conditions under which giving up authority is optimal. We also show which tasks should be outsourced to align the preferences of the outside supplier with those of the decision-makers, and thereby maximize the benefits accruing from outsourcing.
主题Industrial Organization
关键词Information processing Boundaries of the firm Authority Delegation
URLhttps://cepr.org/publications/dp4059
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/533035
推荐引用方式
GB/T 7714
Thierry Verdier,Daron Acemoğlu,James Robinson. DP4059 Kleptocracy and Divide-and-Rule: A Model of Personal Rule. 2003.
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