Delegation of decision rights and the winner's curse

Blanes i Vidal, JordiORCID logo (2007) Delegation of decision rights and the winner's curse. Economics Letters, 94 (2). pp. 163-169. ISSN 0165-1765
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I show that delegating decision rights to subordinates increases their career concern incentives by making their performance more transparent and alleviating the winner's curse in the labour market.

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