: Demange Gabriella
: On stability and incentives in hierarchies
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: 2001
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: DELTA Working Papers
() : 2001-09
: Demange G. On Stability and Incentives in Hierarchies / DELTA Working Papers, No 2001-09, 2001.
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Situations where a group of individuals takes collective decisions are subject to instabilities when subgroups may form. In this paper, we analyze how a hierarchical organization avoids such instabilities, while distributing some power among the subordinates and the subgroups they may form. Incentives to reveal private information are also studied.
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