IDEAS home Printed from https://ideas.repec.org/p/zur/iewwpx/381.html
   My bibliography  Save this paper

Job design and randomization in principal agent models

Author

Listed:
  • Wolfgang R. K�hler

Abstract

We analyze task allocation and randomization in Principal Agent models. We identify a new rationale that determines the allocation of tasks and show that it can be optimal to assign tasks that are very different to one agent. Similar to randomization, the reason to assign several tasks to one agent is to mitigate the effect of the participation constraint. We show that the allocation of tasks can be used as a substitute if randomization is not feasible.

Suggested Citation

  • Wolfgang R. K�hler, 2008. "Job design and randomization in principal agent models," IEW - Working Papers 381, Institute for Empirical Research in Economics - University of Zurich.
    • Handle: RePEc:zur:iewwpx:381
    as

    Download full text from publisher

    File URL: https://www.zora.uzh.ch/id/eprint/52334/1/iewwp381.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Job design; multi-task agency; ex-ante randomization; moral hazard;
    All these keywords.

    JEL classification:

    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    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:zur:iewwpx:381. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Severin Oswald (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.