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搜索结果: 1-7 共查到经济学 Decentralized H相关记录7条 . 查询时间(0.062 秒)
We study a simple model of a decentralized market game in which Orms make directed ers to workers. We focus on markets in which agents have aligned preferences. When agents have complete information...
We use loan-level data to study how the organizational structure of banks impacts small business lending. We find that decentralized banks-where branch managers have greater autonomy over lending deci...
We use loan-level data to study how the organizational structure of banks impacts small business lending. We find that decentralized banks—where branch managers have greater autonomy over lending deci...
Many employees note that, in decentralized organizations, it is harder to work with other divisions or departments of their own organization than it is to work with outside suppliers or customers. In ...
The paper studies how asset prices are determined in a decentralized market with asymmetric information about the assets' value. We consider an economy in which a large number of agents trade two asse...
The combination of discretionary monetary policy, labor-market distortions, and nominal wage rigidity yields excessive inflation as monetary policy tries to exploit nominal wage contracts to address l...
The famous 1968 Witsenhausen demonstrated that for a multi-agent linear quadratic Gaussian (LQG), the optimal linear solution is, in general sub-optimal. The note gives an example which is easier and...

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