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Limited Intertemporal Commitment and Job Design.

Abstract:

This paper shows that some of the guidelines for job design that emerge from a static analysis of the multitask agency problem can be overturned in a dynamic model with limited commitment. Static analyses have shown that it is optimal to assign workers sole responsibility for tasks and to allocate them tasks which are as homogeneous as possible with respect to the ease of measuring performance. The authors' dynamic analysis demonstrates that it can, instead, be optimal to make workers jointly...

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Publisher:
Elsevier
Journal:
Journal of Economic Behavior and Organization
Volume:
31
Issue:
3
Pages:
401 - 417
Publication date:
1996-01-01
DOI:
ISSN:
0167-2681
Language:
English
UUID:
uuid:1f445a97-6248-47c6-8bf5-a42ae531ad98
Local pid:
oai:economics.ouls.ox.ac.uk:12701
Deposit date:
2011-08-15

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