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Autor:innen: 
Erscheinungsjahr: 
2004
Schriftenreihe/Nr.: 
IZA Discussion Papers No. 1423
Verlag: 
Institute for the Study of Labor (IZA), Bonn
Zusammenfassung: 
We derive a natural definition of responsibility in a formal model where employees care for their career prospects: A superior holds a subordinate responsible for a task, when she announces her beliefs that this subordinate contributes most to this task. We show, that those announced beliefs lead to a self fulfilling prophecy as the reputation of the responsible subordinate then is affected by the outcome of the task and he therefore has strong incentives to contribute to its success. There are equilibria where either a single agent or no agent is responsible for a task but joint responsibility never arises. Several extensions are discussed.
Schlagwörter: 
responsibility
career concern
reputation
delegation
incentives
JEL: 
M12
D23
Dokumentart: 
Working Paper

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