Optimal task assignments

B-Tier
Journal: Games and Economic Behavior
Year: 2016
Volume: 98
Issue: C
Pages: 1-18

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper studies optimal task assignments in a risk neutral principal-agent model in which agents are compensated according to an aggregated performance measure. The main trade-off is one in which specialization allows the implementation of any possible effort profile, while multitasking constraint the set of implementable effort profiles. Yet, the implementation of any effort profile in this set is less expensive than the equivalent profile under specialization. The principal prefers multitasking to specialization except when tasks are complements and the output after success is small enough so that it is not second-best optimal to implement high effort in each task. This result is robust to several extensions such as the existence of multiple performance measures.

Technical Details

RePEc Handle
repec:eee:gamebe:v:98:y:2016:i:c:p:1-18
Journal Field
Theory
Author Count
1
Added to Database
2026-01-24