Hierarchy and Authority in a Dynamic Perspective : A Model Applied to Donor Financing of NGO Proposals »
Series: IMF Working Papers
Author(s): Boriana Yontcheva
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 July 2003
Keywords: hierarchies, strategic delegation, development aid, NGOs, dynamic games, principal-agent issues, ngo, paper, nongovernmental organizations, Game Theory and Bargaining Theory: General
This paper presents a dynamic game of strategic delegation between a principal and an agent. The principal can choose between two organizational designs: a traditional hierarchy where she retains authority over the...