Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/221400
Authors: 
Fershtman, Chaim
Kalai, Ehud
Year of Publication: 
1993
Series/Report no.: 
Discussion Paper No. 1043
Abstract: 
The paper describes situations where commitment via delegation is beneficial, even when the delegation is unobservable and the players have the option to play the game themselves. The potentiual for such benefits depends on the type of delegation, incentive versus instructive, the possibility of repetition, and the probability of observability.
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.