Division of labour and directed production
By: by Marisa Ratto, Wendelin Schnedler.
Contributors: Schnedler, Wendelin.
Series: Discussion paper ;; no. 1669; Discussion paper (Forschungsinstitut zur Zukunft der Arbeit : Online) ;; no. 1669.
Publisher: IZA
Published: 2005
Place of publication: Bonn, Germany
Language: eng
Format: Electronic resource
Subjects: Division of labor.; Production management.
Description: "We examine a situation where efforts on different tasks positively affect production but are not separately verifiable and where the manager (principal) and the worker (agent) have different ideas about how production should be carried out: agents prefer a less efficient way of production. We show that by dividing labour (assigning tasks to different agents and verifying that agents do not carry out tasks to which they are not assigned), it is possible for the principal to implement the efficient way of production. Colluding agents can undermine this implementation. However, if agents have different abilities, collusion can be prevented by a specific assignment of agents to tasks"--Forschungsinstitut zur Zukunft der Arbeit web site.
Notes: Also available in print.
Includes bibliographical references.
Title from PDF file as viewed on 7/27/2005.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.