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The first is the competition between multiple principals.
Proposition 1.3 The flat structure results in inter-group comparison between multiple principals endogenously.
The second endogenous effect is the inter-group comparison between multiple principals.
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The above conclusions can be summarized as follows: Proposition 1.2 The flat structure results in competition between the multiple principals endogenously.
The above discussion can be summarized as follows: Proposition 2.2 The ternary differentiated authority results in one-way dependency between the multiple principals.
In a dialog with traditional multi-principal and multi-task theory, the paper focuses on how the horizontally differentiated authority leads to attention competition and strategic behaviors between the multiple principals, with the coexistence of high-powered and low-powered incentives of local governments.
First, there are multiple principals.
However, in the real world, the interests and objectives of multiple principals are often different, and there are two mechanisms to weaken the mutual cooperation between the principals.
The first is the one-way dependency of multiple principals.
This paper studies bilateral contracting where multiple principals negotiate contracts with multiple agents independently.
The term "multiple principals" refers to each agent having to deal with several principals, with all principals trying to influence the agent's decision.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com