Multitask agency problems: Focus and task clustering

Mathias Dewatripont; Ian Jewitt; Jean Tirole

doi:10.1016/S0014-2921(00)00059-3

Multitask agency problems: Focus and task clustering

Mathias Dewatripont^*, Ian Jewitt, Jean Tirole

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

82 Scopus citations

Abstract

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 'missions'. It concludes by addressing the problem of optimal task clustering. (C) 2000 Elsevier Science B.V. All rights reserved.

Original language	English (US)
Pages (from-to)	869-877
Number of pages	9
Journal	European Economic Review
Volume	44
Issue number	4-6
DOIs	https://doi.org/10.1016/S0014-2921(00)00059-3
State	Published - May 2000

Funding

Mathias Dewatripont acknowledges support from contract p4/28 of the Interuniversity Poles of attraction Programme of the Belgian Federal State (Prime Minister's Office, Federal Office for Scientific, Technical and Cultural affairs). Ian Jewitt acknowledges support from the UK Economic and Social Research Council and the Leverhulme Foundation.

Keywords

Incentives
Moral hazard
Multiple tasks

ASJC Scopus subject areas

Finance
Economics and Econometrics

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10.1016/S0014-2921(00)00059-3

Cite this

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abstract = "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 'missions'. It concludes by addressing the problem of optimal task clustering. (C) 2000 Elsevier Science B.V. All rights reserved.",

keywords = "Incentives, Moral hazard, Multiple tasks",

author = "Mathias Dewatripont and Ian Jewitt and Jean Tirole",

note = "Funding Information: Mathias Dewatripont acknowledges support from contract p4/28 of the Interuniversity Poles of attraction Programme of the Belgian Federal State (Prime Minister's Office, Federal Office for Scientific, Technical and Cultural affairs). Ian Jewitt acknowledges support from the UK Economic and Social Research Council and the Leverhulme Foundation.",

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AU - Tirole, Jean

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PY - 2000/5

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N2 - 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 'missions'. It concludes by addressing the problem of optimal task clustering. (C) 2000 Elsevier Science B.V. All rights reserved.

AB - 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 'missions'. It concludes by addressing the problem of optimal task clustering. (C) 2000 Elsevier Science B.V. All rights reserved.

KW - Incentives

KW - Moral hazard

KW - Multiple tasks

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ER -

Multitask agency problems: Focus and task clustering

Abstract

Funding

Keywords

ASJC Scopus subject areas

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