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Informational control and organizational design
Journal article

Informational control and organizational design

Abstract

This paper focuses on issues of allocating authority between an uninformed principal and an informed expert. We analyze the benefits of informational control—restricting the precision of the expert's information (without learning its content). In this case, the result of Dessein (2002) [8] that delegating decisions to a perfectly informed expert is better than communication when preferences between the expert and the principal are not too far …

Authors

Ivanov M

Journal

Journal of Economic Theory, Vol. 145, No. 2, pp. 721–751

Publisher

Elsevier

Publication Date

3 2010

DOI

10.1016/j.jet.2009.11.002

ISSN

0022-0531