Observability and endogenous organizations
Author
Abstract
Suggested Citation
DOI: 10.1007/s00199-016-0959-2
Download full text from publisher
As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.
Other versions of this item:
- Gabriel de Abreu Madeira, 2015. "Observability and Endogenous Organizations," Working Papers, Department of Economics 2015_27, University of São Paulo (FEA-USP).
- Weerachart T. Kilenthong & Gabriel A. Madeira, 2010. "Observability and Endogenous Organizations," Working Papers 05-2010, Universidade de São Paulo, Faculdade de Economia, Administração e Contabilidade de Ribeirão Preto.
References listed on IDEAS
- Lazear, Edward P & Rosen, Sherwin, 1981.
"Rank-Order Tournaments as Optimum Labor Contracts,"
Journal of Political Economy, University of Chicago Press, vol. 89(5), pages 841-864, October.
- Edward P. Lazear & Sherwin Rosen, 1979. "Rank-Order Tournaments as Optimum Labor Contracts," NBER Working Papers 0401, National Bureau of Economic Research, Inc.
- Mueller, Rolf A.E. & Prescott, Edward S. & Sumner, Daniel A., 2002. "Hired hooves: Transactions in a south Indian village factor market," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 46(2), pages 1-23.
- Madeira, Gabriel A. & Townsend, Robert M., 2008. "Endogenous groups and dynamic selection in mechanism design," Journal of Economic Theory, Elsevier, vol. 142(1), pages 259-293, September.
- Edward P. Lazear & Kathryn L. Shaw, 2007.
"Personnel Economics: The Economist's View of Human Resources,"
Journal of Economic Perspectives, American Economic Association, vol. 21(4), pages 91-114, Fall.
- Edward P. Lazear & Kathryn L. Shaw, 2007. "Personnel Economics: The Economist's View of Human Resources," NBER Working Papers 13653, National Bureau of Economic Research, Inc.
- Jalan, Jyotsna & Ravallion, Martin, 1999.
"Are the poor less well insured? Evidence on vulnerability to income risk in rural China,"
Journal of Development Economics, Elsevier, vol. 58(1), pages 61-81, February.
- Jalan, Jyotsna & Ravallion, Martin, 1997. "Are the poor less well-insured? Evidence on vulnerability to income risk in rural China," Policy Research Working Paper Series 1863, The World Bank.
- Prescott, Edward C & Townsend, Robert M, 1984.
"General Competitive Analysis in an Economy with Private Information,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 25(1), pages 1-20, February.
- Edward C Prescott & Robert M Townsend, 1997. "General Competitive Analysis in an Economy with Private Information," Levine's Working Paper Archive 1578, David K. Levine.
- Townsend, Robert M, 1994.
"Risk and Insurance in Village India,"
Econometrica, Econometric Society, vol. 62(3), pages 539-591, May.
- Robert M. Townsend, "undated". "Risk and Insurance in Village India," University of Chicago - Population Research Center 91-3a, Chicago - Population Research Center.
- Townsend, R.M., 1991. "Risk and Insurance in Village India," University of Chicago - Economics Research Center 91-3, Chicago - Economics Research Center.
- Fafchamps, Marcel & Gubert, Flore, 2007.
"The formation of risk sharing networks,"
Journal of Development Economics, Elsevier, vol. 83(2), pages 326-350, July.
- Marcel Fafchamps & Flore Gubert, 2005. "The Formation of Risk Sharing Networks," Working Papers DT/2005/13, DIAL (Développement, Institutions et Mondialisation).
- Marcel Fafchamps & Flore Gubert & IRD-Paris & DIAL, 2005. "The Formation of Risk Sharing Networks," Economics Series Working Papers GPRG-WPS-037, University of Oxford, Department of Economics.
- Ramakrishnan, Ram T S & Thakor, Anjan V, 1991. "Cooperation versus Competition in Agency," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 7(2), pages 248-283, Fall.
- Prescott, Edward C & Townsend, Robert M, 1984.
"Pareto Optima and Competitive Equilibria with Adverse Selection and Moral Hazard,"
Econometrica, Econometric Society, vol. 52(1), pages 21-45, January.
- Edward C Prescott & Robert M Townsend, 2010. "Pareto Optima and Competitive Equilibria With Adverse Selection and Moral Hazard," Levine's Working Paper Archive 2069, David K. Levine.
- repec:dau:papers:123456789/4392 is not listed on IDEAS
- Ghatak, Maitreesh & Guinnane, Timothy W., 1999.
"The economics of lending with joint liability: theory and practice,"
Journal of Development Economics, Elsevier, vol. 60(1), pages 195-228, October.
- Ghatak, M. & Guinnane, T.W., 1998. "The Economics of Lending with Joint Liability: Theory and Practice," Papers 791, Yale - Economic Growth Center.
- Maitreesh Ghatak & Timothy W. Guinnane, 1998. "The Economics of Lending with Joint Liability: Theory and Practice," Discussion Papers 98-16, University of Copenhagen. Department of Economics.
- Maitreesh Ghatak & Timothy W. Guinnane, 1998. "The Economics of Lending with Joint Liability: Theory and Practice," Working Papers 791, Economic Growth Center, Yale University.
- Grimard, Franque, 1997. "Household consumption smoothing through ethnic ties: evidence from Cote d'Ivoire," Journal of Development Economics, Elsevier, vol. 53(2), pages 391-422, August.
- Gadi Barlevy & Derek Neal, 2012.
"Pay for Percentile,"
American Economic Review, American Economic Association, vol. 102(5), pages 1805-1831, August.
- Barlevy, Gadi & Neal, Derek, 2009. "Pay for Percentile," IZA Discussion Papers 4383, Institute of Labor Economics (IZA).
- Gadi Barlevy & Derek Neal, 2011. "Pay for Percentile," NBER Working Papers 17194, National Bureau of Economic Research, Inc.
- Gadi Barlevy & Derek Neal, 2009. "Pay for percentile," Working Paper Series WP-09-09, Federal Reserve Bank of Chicago.
- Deaton, A., 1992. "Saving and Income Smoothing in Cote d'Ivoire," Papers 156, Princeton, Woodrow Wilson School - Development Studies.
- Ahlin, Christian & Townsend, Robert M., 2007.
"Selection into and across credit contracts: Theory and field research,"
Journal of Econometrics, Elsevier, vol. 136(2), pages 665-698, February.
- Christian Ahlin & Robert Townsend, 2003. "Selection into and across Credit Contracts: Theory and Field Research," Vanderbilt University Department of Economics Working Papers 0323, Vanderbilt University Department of Economics.
- Bengt Holmstrom, 1979.
"Moral Hazard and Observability,"
Bell Journal of Economics, The RAND Corporation, vol. 10(1), pages 74-91, Spring.
- Bengt Holmstrom, 1997. "Moral Hazard and Observability," Levine's Working Paper Archive 1205, David K. Levine.
- Prescott, Edward Simpson & Townsend, Robert M., 2002. "Collective Organizations versus Relative Performance Contracts: Inequality, Risk Sharing, and Moral Hazard," Journal of Economic Theory, Elsevier, vol. 103(2), pages 282-310, April.
- Itoh Hideshi, 1993. "Coalitions, Incentives, and Risk Sharing," Journal of Economic Theory, Elsevier, vol. 60(2), pages 410-427, August.
- Pierre‐André Chiappori & Krislert Samphantharak & Sam Schulhofer‐Wohl & Robert M. Townsend, 2014.
"Heterogeneity and risk sharing in village economies,"
Quantitative Economics, Econometric Society, vol. 5, pages 1-27, March.
- Pierre-André Chiappori & Krislert Samphantharak & Sam Schulhofer-Wohl & Robert M. Townsend, 2011. "Heterogeneity and Risk Sharing in Village Economies," NBER Working Papers 16696, National Bureau of Economic Research, Inc.
- Pierre-Andre Chiappori & Krislert Samphantharak & Sam Schulhofer-Wohl & Robert M. Townsend, 2013. "Heterogeneity and risk sharking in village economies," Staff Report 483, Federal Reserve Bank of Minneapolis.
- Pierre-Andre Chiappori & Krislert Samphantharak & Sam Schulhofer-Wohl, 2011. "Heterogeneity and risk sharing in village economies," Working Papers 683, Federal Reserve Bank of Minneapolis.
- Ray, Debraj, 2007. "A Game-Theoretic Perspective on Coalition Formation," OUP Catalogue, Oxford University Press, number 9780199207954.
- repec:bla:scandj:v:94:y:1992:i:2:p:253-73 is not listed on IDEAS
- Edward Simpson Prescott & Robert M. Townsend, 2006.
"Firms as Clubs in Walrasian Markets with Private Information,"
Journal of Political Economy, University of Chicago Press, vol. 114(4), pages 644-671, August.
- Edward Simpson Prescott & Robert M. Townsend, 2000. "Firms as clubs in Walrasian markets with private information," Working Paper 00-08, Federal Reserve Bank of Richmond.
- HOLMSTROM, Bengt, 1979. "Moral hazard and observability," LIDAM Reprints CORE 379, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- repec:bla:scandj:v:94:y:1992:i:2:p:275-79 is not listed on IDEAS
- Garance Genicot & Debraj Ray, 2003. "Group Formation in Risk-Sharing Arrangements," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 70(1), pages 87-113.
- Weerachart T. Kilenthong & Gabriel A. Madeira, 2017.
"Observability and endogenous organizations,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 63(3), pages 587-619, March.
- Weerachart T. Kilenthong & Gabriel A. Madeira, 2010. "Observability and Endogenous Organizations," Working Papers 05-2010, Universidade de São Paulo, Faculdade de Economia, Administração e Contabilidade de Ribeirão Preto.
- Gabriel de Abreu Madeira, 2015. "Observability and Endogenous Organizations," Working Papers, Department of Economics 2015_27, University of São Paulo (FEA-USP).
- Robert Townsend & Rolf Mueller, 1998. "Mechanism Design and Village Economies: From Credit, to Tenancy, to Cropping Groups," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 1(1), pages 119-172, January.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Weerachart T. Kilenthong & Gabriel A. Madeira, 2017.
"Observability and endogenous organizations,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 63(3), pages 587-619, March.
- Weerachart T. Kilenthong & Gabriel A. Madeira, 2010. "Observability and Endogenous Organizations," Working Papers 05-2010, Universidade de São Paulo, Faculdade de Economia, Administração e Contabilidade de Ribeirão Preto.
- Gabriel de Abreu Madeira, 2015. "Observability and Endogenous Organizations," Working Papers, Department of Economics 2015_27, University of São Paulo (FEA-USP).
- Weerachart T. Kilenthong & Gabriel A. Madeira, 2017.
"Observability and endogenous organizations,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 63(3), pages 587-619, March.
- Weerachart T. Kilenthong & Gabriel A. Madeira, 2010. "Observability and Endogenous Organizations," Working Papers 05-2010, Universidade de São Paulo, Faculdade de Economia, Administração e Contabilidade de Ribeirão Preto.
- Weerachart Kilenthong & Gabriel Madeira, 2015. "Observability and Endogenous Organizations," PIER Discussion Papers 13., Puey Ungphakorn Institute for Economic Research, revised Dec 2015.
- Gabriel de Abreu Madeira, 2015. "Observability and Endogenous Organizations," Working Papers, Department of Economics 2015_27, University of São Paulo (FEA-USP).
- Weerachart Kilenthong, 2015. "Observability and Endogenous Organizations," PIER Discussion Papers 13, Puey Ungphakorn Institute for Economic Research.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Weerachart T. Kilenthong & Gabriel A. Madeira, 2017.
"Observability and endogenous organizations,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 63(3), pages 587-619, March.
- Weerachart T. Kilenthong & Gabriel A. Madeira, 2010. "Observability and Endogenous Organizations," Working Papers 05-2010, Universidade de São Paulo, Faculdade de Economia, Administração e Contabilidade de Ribeirão Preto.
- Weerachart Kilenthong & Gabriel Madeira, 2015. "Observability and Endogenous Organizations," PIER Discussion Papers 13., Puey Ungphakorn Institute for Economic Research, revised Dec 2015.
- Gabriel de Abreu Madeira, 2015. "Observability and Endogenous Organizations," Working Papers, Department of Economics 2015_27, University of São Paulo (FEA-USP).
- Weerachart Kilenthong, 2015. "Observability and Endogenous Organizations," PIER Discussion Papers 13, Puey Ungphakorn Institute for Economic Research.
- Madeira, Gabriel A. & Townsend, Robert M., 2008. "Endogenous groups and dynamic selection in mechanism design," Journal of Economic Theory, Elsevier, vol. 142(1), pages 259-293, September.
- Edward Simpson Prescott & Robert M. Townsend, 2006.
"Firms as Clubs in Walrasian Markets with Private Information,"
Journal of Political Economy, University of Chicago Press, vol. 114(4), pages 644-671, August.
- Edward Simpson Prescott & Robert M. Townsend, 2000. "Firms as clubs in Walrasian markets with private information," Working Paper 00-08, Federal Reserve Bank of Richmond.
- Jaramillo, Fernando & Kempf, Hubert & Moizeau, Fabien, 2015.
"Heterogeneity and the formation of risk-sharing coalitions,"
Journal of Development Economics, Elsevier, vol. 114(C), pages 79-96.
- Fabien MOIZEAU & Fernando JARAMILLO & Hubert KEMPF, 2011. "Heterogeneity and the Formation of Risk-Sharing Coalitions," Economics Working Paper Archive (University of Rennes & University of Caen) 201111, Center for Research in Economics and Management (CREM), University of Rennes, University of Caen and CNRS.
- Fernando Jaramillo & Hubert Kempf & Fabien Moizeau, 2015. "Heterogeneity and the formation of risk-sharing coalitions," Post-Print halshs-01075648, HAL.
- Fernando Jaramillo & Hubert Kempf & Fabien Moizeau, 2013. "Heterogeneity and the formation of risk - sharing coalitions," Documentos de Trabajo 11013, Universidad del Rosario.
- Fernando Jaramillo & Hubert Kempf & Fabien Moizeau, 2015. "Heterogeneity and the formation of risk-sharing coalitions," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-01075648, HAL.
- Fernando Jaramillo & Hubert Kempf & Fabien Moizeau, 2015. "Heterogeneity and the formation of risk-sharing coalitions," PSE-Ecole d'économie de Paris (Postprint) halshs-01075648, HAL.
- Archawa Paweenawat, 2022. "Relative Performance Contracts versus Group Contracts with Hidden Savings," PIER Discussion Papers 176, Puey Ungphakorn Institute for Economic Research.
- Jonathan Conning & Michael Kevane, 2002.
"Why Isn't There More Financial Intermediation in Developing Countries?,"
WIDER Working Paper Series
DP2002-28, World Institute for Development Economic Research (UNU-WIDER).
- Jonathan Conning & Michael Kevane, 2003. "Why isn't there more Financial Intermediation in Developing Countries?," Economics Working Paper Archive at Hunter College 214, Hunter College Department of Economics.
- William Jack & Tavneet Suri, 2014. "Risk Sharing and Transactions Costs: Evidence from Kenya's Mobile Money Revolution," American Economic Review, American Economic Association, vol. 104(1), pages 183-223, January.
- Xiao Yu Wang, 2014. "Risk Sorting, Portfolio Choice, and Endogenous Informal Insurance," NBER Working Papers 20429, National Bureau of Economic Research, Inc.
- Conning, Jonathan & Udry, Christopher, 2007.
"Rural Financial Markets in Developing Countries,"
Handbook of Agricultural Economics, in: Robert Evenson & Prabhu Pingali (ed.), Handbook of Agricultural Economics, edition 1, volume 3, chapter 56, pages 2857-2908,
Elsevier.
- Jonathan Conning & Christopher Udry, 2005. "Rural Financial Markets in Developing Countries," Working Papers 914, Economic Growth Center, Yale University.
- Conning, Jonathan & Udry, Christopher R., 2005. "Rural Financial Markets in Developing Countries," Center Discussion Papers 28458, Yale University, Economic Growth Center.
- Islam, Asad & Nguyen, Chau, 2018. "Do networks matter after a natural disaster? A study of resource sharing within an informal network after Cyclone Aila," Journal of Environmental Economics and Management, Elsevier, vol. 90(C), pages 249-268.
- Tat Y. Chan & Jia Li & Lamar Pierce, 2014. "Compensation and Peer Effects in Competing Sales Teams," Management Science, INFORMS, vol. 60(8), pages 1965-1984, August.
- Dubois, Pierre, 2002. "Consommation, partage de risque et assurance informelle : développements théoriques et tests empiriques récents," L'Actualité Economique, Société Canadienne de Science Economique, vol. 78(1), pages 115-149, Mars.
- Elisabetta Iossa & David Martimort, 2012.
"Risk allocation and the costs and benefits of public--private partnerships,"
RAND Journal of Economics, RAND Corporation, vol. 43(3), pages 442-474, September.
- Iossa, Elisabetta & Martimort, David, 2011. "Risk Allocation and the Costs and Benefits of Public-Private Partnerships," CEPREMAP Working Papers (Docweb) 1104, CEPREMAP.
- Elisabetta Iossa & David Martimort, 2012. "Risk allocation and the costs and benefits of public--private partnerships," Post-Print hal-00813153, HAL.
- Elisabetta Iossa & David Martimort, 2012. "Risk allocation and the costs and benefits of public--private partnerships," PSE-Ecole d'économie de Paris (Postprint) hal-00813153, HAL.
- Gary Charness & Garance Genicot, 2009.
"Informal Risk Sharing in an Infinite‐Horizon Experiment,"
Economic Journal, Royal Economic Society, vol. 119(537), pages 796-825, April.
- Gary Charness & Garance Genicot, 2009. "Informal Risk Sharing in an Infinite-Horizon Experiment," Economic Journal, Royal Economic Society, vol. 119(537), pages 796-825, April.
- Charness, Gary B & Genicot, Garance, 2008. "Informal Risk Sharing in an Infinite-horizon Experiment," University of California at Santa Barbara, Economics Working Paper Series qt9sn8t91g, Department of Economics, UC Santa Barbara.
- repec:eee:labchp:v:3:y:1999:i:pb:p:2373-2437 is not listed on IDEAS
- Ola Kvaløy & Trond E. Olsen, 2012.
"The Rise of Individual Performance Pay,"
Journal of Economics & Management Strategy, Wiley Blackwell, vol. 21(2), pages 493-518, June.
- Kvaløy, Ola & Olsen, Trond E., 2006. "The rise of individual performance pay," Discussion Papers 2006/22, Norwegian School of Economics, Department of Business and Management Science.
- Ola Kvaloy & Trond Olsen, 2007. "The Rise of Individual Performance Pay," CESifo Working Paper Series 2145, CESifo.
- Kvaløy, Ola & Olsen, Trond, 2008. "The rise of individual performance pay," UiS Working Papers in Economics and Finance 2009/3, University of Stavanger.
- Daniel J. Hernandez & Fernando Jaramillo & Hubert Kempf & Fabien Moizeau & Thomas Vendryes, 2023.
"Limited Commitment, Social Control and Risk-Sharing Coalitions in Village Economies,"
Economics Working Paper Archive (University of Rennes & University of Caen)
2023-03, Center for Research in Economics and Management (CREM), University of Rennes, University of Caen and CNRS.
- Fernando Jaramillo & Juan Daniel Hernandez & Hubert Kempf & Fabien Moizeau & Thomas Vendryes, 2023. "Limited Commitment, Social Control and Risk-Sharing Coalitions in Village Economies," Working Papers hal-04247501, HAL.
- Juan Daniel Hernandez & Fernando Jaramillo & Hubert Kempf & Fabien Moizeau & Thomas Vendryes, 2023. "Limited Commitment, Social Control and Risk-Sharing Coalitions in Village Economies," Documents de recherche 23-03, Centre d'Études des Politiques Économiques (EPEE), Université d'Evry Val d'Essonne.
- Acemoglu, Daron & Zilibotti, Fabrizio, 1997.
"Setting Standards: Information Accumulation in Development,"
CEPR Discussion Papers
1641, C.E.P.R. Discussion Papers.
- Daron Acemoglu & Fabrizio Zilibotti, 1997. "Setting standards: Information accumulation in development," Economics Working Papers 212, Department of Economics and Business, Universitat Pompeu Fabra.
- Acemoglu, D. & Zilibotti, F., 1997. "Setting Standards: Information Accumulation in Development," Working papers 97-6, Massachusetts Institute of Technology (MIT), Department of Economics.
- Gaurav, Sarthak, 2015. "Are Rainfed Agricultural Households Insured? Evidence from Five Villages in Vidarbha, India," World Development, Elsevier, vol. 66(C), pages 719-736.
More about this item
Keywords
Organizational design; Observability; Relative performance regime; Group regime; General equilibrium; Value of information;All these keywords.
JEL classification:
- D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
- D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
- D85 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Network Formation
- O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:joecth:v:63:y:2017:i:3:d:10.1007_s00199-016-0959-2. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.