Unobserved delegation

Chaim Fershtman, Ehud Kalai

Research output: Contribution to journalArticlepeer-review


This paper describes situations where commitment via delegation is beneficial, even when the delegation is unobservable and the players have the option to play the game themselves. The potential for such benefits depends on the type of delegation, incentive versus instructive, the possibility of repetition, and the probability of observability.

Original languageEnglish
Pages (from-to)763-774
Number of pages12
JournalInternational Economic Review
Issue number4
StatePublished - Nov 1997


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