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Book Cover
Author Yontcheva, Boriana, author

Title Hierarchy and authority in a dynamic perspective : a model applied to donor financing of NGO proposals / Boriana Yontcheva
Published Washington, D.C. : International Monetary Fund, [2003]
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Description 1 online resource (22 pages)
Series IMF working paper ; WP/03/157
IMF working paper ; WP/03/157
Summary Annotation 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 choice of projects to be implemented or a delegation where she allows her agent to select the project. the key objectives of this model are to identify the long-run determinants of the principals choice and verify the impact of the authority allocation on the agents effort levels and on the principals payoffs. We apply the model to the relationships between institutional donors and nongovernmental organizations
Notes "July 2003"--Caption
At head of title: IMF Institute
Cover title
Bibliography Includes bibliographical references (pages 19-22)
Notes Print version record
Subject Economic assistance -- Finance -- Econometric models.
Economic development projects -- Finance -- Econometric models.
International finance -- Econometric models.
Non-governmental organizations -- Finance -- Econometric models.
Program budgeting -- Econometric models.
Form Electronic book
Author IMF Institute.
International Monetary Fund.
ISBN 128203944X
1451902654 (E-Book)