Date: Friday, December 17, 2021 13:30 to 15:00
Please contact 【 rmikami(a)iss.u-tokyo.ac.jp 】in advance, if you want to participate in the meeting.(＊This seminar will be held as a Zoom Meeting.)
Presenter:
Ishiguro Shingo(石黒真吾 大阪大学)
Title: “Relational Contracts and Hierarchies”
We investigate the organizational design of allocating authorities in a dynamic setting in which, due to the lack of verifiable information, trading parties must rely on relational contracts via long-term relationships. We then show that optimal organization becomes multi-tier hierarchies in which contracting authorities are delegated over agents as a vertical chain of commands, instead of allocating them in the centralized manner, when parties are sufficiently patient. We also discuss several implications about supplier networks in the automotive industry in Japan and the US. Abstract：Ishiguro Shingo
- 共催：東京大学社会科学研究所 & IPP研究会
- お問い合わせ：東京大学社会科学研究所 中林真幸研究室 詳しくはこちら
Call for Papers: International Public Policy Studies Vol. 27, No. 1