Multitask agency problems: Focus and task clustering
Dewatripont, Mathias and Jewitt, Ian and Tirole, Jean (2000) Multitask agency problems: Focus and task clustering. European Economic Review, 44 (4-6). pp. 869-877. ISSN 0014-2921
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This short paper discusses recent insights of multitask agency theory. It considers in turn the issues of effort substitution, conflicts between tasks and implicit incentives and ‘mission’. It concludes by addressing the problem of optimal task clustering.
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