On Transparency in Organizations
نویسندگان
چکیده
منابع مشابه
On Transparency in Organizations∗
When is it best for the Principal to commit not to disclosing all what she knows in moral hazard interactions. I show that whenever the agent would choose the same action under complete information at several distinct states, then full transparency can generically be improved upon. This implies that full transparency is generically suboptimal whenever the dimension of the information held by th...
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ژورنال
عنوان ژورنال: The Review of Economic Studies
سال: 2014
ISSN: 1467-937X,0034-6527
DOI: 10.1093/restud/rdu040