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Setting standards: Information accumulation in development
Acemoglu, Daron; Zilibotti, Fabrizio - Department of Economics and Business, Universitat … - 1997
poor economies, thus insufficient information to set the appropriate standards for firm performance. Our model predicts a …
Persistent link: https://www.econbiz.de/10005772297
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Information Accumulation in Development
Acemoglu, Daron; Zilibotti, Fabrizio - Institute for International Economic Studies (IIES), … - 1998
it hard to evaluate the performance of managers, and leads to high "agency costs". Differencies in the amount of …
Persistent link: https://www.econbiz.de/10005648754
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Setting Standards: Information Accumulation in Development
Acemoglu, Daron; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 1997
poor economies, thus insufficient information to set the appropriate standards for firm performance. The model predicts a …
Persistent link: https://www.econbiz.de/10005667121
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Technology, Information and the Decentralization of the Firm
Acemoglu, Daron; Aghion, Philippe; Lelarge, Claire; Van … - 2013
This paper develops a framework to analyze the relationship between the diffusion of new technologies and the decentralization decisions of firms. Centralized control relies on the information of the principal, which we equate with publicly available information. Decentralized control, on the...
Persistent link: https://www.econbiz.de/10014027132