The mechanisms of stimulation in a centrally-planned economy In a centrally-planned economy, the decentralization of information is an obstacle to achieving optimal allocation of resources. Indeed enterprises on the periphery have an interest in underestimating their production capacity, in relaying information to the Centre, so as to be assigned low targets, which can be fulfilled with little effort. This article is a study of the mechanisms which the central authorities employ in order to encourage enterprises to tell the truth, and to carry out their given plan with the maximum effort. The various bonus/penalty procedures (Fan, Bonin, Ellman, Weitzman) are analysed and compared in the context of a bilateral Centre-enterprise relationsh...
The Problem of Success Indicators in Soviet Industry Revisited. This article surveys the chronic pr...
'Assume the objective of an autocrat, referred to as Stalin, is to maximize the surplus which he com...
The authors extend the standard procurement model to examine how an agent is optimally induced to ac...
The mechanisms of stimulation in a centrally-planned economy In a centrally-planned economy, the de...
Some Problems of the Theory of Management of a Centrally Planned Economy. This article contains the...
This thesis applies the existing agency theory into the problem of production planning in a centrall...
Incentive and Financial Systems of Socialist Enterprise. The first part of the paper gives a compre...
We analyze the advantages of centralization and decentralization in industries in which production ...
Some Comments on Vertical and Horizontal Mechanisms in the Soviet Economy. The effectivness of an e...
This survey presents within a single model three theories of decentralization of decision-making wit...
This thesis examines the decentralisation of planning exercises in an economy where market behaviour...
Most economic decisions involve agents who do not share the same information. Suppose a planner wish...
Diffusion du document : INRA, UR1002, Laboratoire sur les Organisations Industrielles dans l'Agro-Al...
The Soviet Manager and Innovation : A Behavioral Model. The objective of this paper is to employ th...
Planning Procedure and Economie Inducement Problems. The planning procedures which establish the pr...
The Problem of Success Indicators in Soviet Industry Revisited. This article surveys the chronic pr...
'Assume the objective of an autocrat, referred to as Stalin, is to maximize the surplus which he com...
The authors extend the standard procurement model to examine how an agent is optimally induced to ac...
The mechanisms of stimulation in a centrally-planned economy In a centrally-planned economy, the de...
Some Problems of the Theory of Management of a Centrally Planned Economy. This article contains the...
This thesis applies the existing agency theory into the problem of production planning in a centrall...
Incentive and Financial Systems of Socialist Enterprise. The first part of the paper gives a compre...
We analyze the advantages of centralization and decentralization in industries in which production ...
Some Comments on Vertical and Horizontal Mechanisms in the Soviet Economy. The effectivness of an e...
This survey presents within a single model three theories of decentralization of decision-making wit...
This thesis examines the decentralisation of planning exercises in an economy where market behaviour...
Most economic decisions involve agents who do not share the same information. Suppose a planner wish...
Diffusion du document : INRA, UR1002, Laboratoire sur les Organisations Industrielles dans l'Agro-Al...
The Soviet Manager and Innovation : A Behavioral Model. The objective of this paper is to employ th...
Planning Procedure and Economie Inducement Problems. The planning procedures which establish the pr...
The Problem of Success Indicators in Soviet Industry Revisited. This article surveys the chronic pr...
'Assume the objective of an autocrat, referred to as Stalin, is to maximize the surplus which he com...
The authors extend the standard procurement model to examine how an agent is optimally induced to ac...