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, 2227-8885 ; 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 Cover title "July 2003"--Caption Bibliography Includes bibliographical references (pages 19-22) Notes At head of title: IMF Institute Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL English digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL Print version record Subject Non-governmental organizations -- Finance -- Econometric models Economic assistance -- Finance -- Econometric models Economic development projects -- Finance -- Econometric models International finance -- Econometric models Program budgeting -- Econometric models International finance -- Econometric models Form Electronic book Author IMF Institute. International Monetary Fund. ISBN 128203944X 9781282039445 9781451902655 1451902654 1462395279 9781462395279 1452731039 9781452731032 9786613797018 6613797014

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