Titelaufnahme

Titel
Empowerment and the dark side of delegation / Matthias Kräkel (University of Bonn and IZA) ; IZA Institute of Labor Economics
VerfasserKräkel, Matthias In der Gemeinsamen Normdatei der DNB nachschlagen
KörperschaftForschungsinstitut zur Zukunft der Arbeit In der Gemeinsamen Normdatei der DNB nachschlagen
ErschienenBonn, Germany : IZA Institute of Labor Economics, January 2018
Ausgabe
Elektronische Ressource
Umfang1 Online-Ressource (41 Seiten)
SerieDiscussion paper ; no. 11289
URNurn:nbn:de:hbz:5:2-148089 Persistent Identifier (URN)
Zugriffsbeschränkung
 Das Dokument ist frei verfügbar.
Volltexte
Empowerment and the dark side of delegation [0.29 mb]
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Zusammenfassung

The existing delegation literature has focused on different preferences of principal and agent concerning project selection, which makes delegating authority costly for the principal. This paper shows that delegation has a cost even when the preferences of principal and agent are exogenously aligned. As application, the commitment effect of empowerment is considered, which has been addressed by the management and social psychology literature. In addition, it is shown that even in a setting without task commitment and other behavioral effects the principal might forgo delegation though being efficient.