Disclosure of status in an agency setting

Anthony Marino and Oguzhan Ozbas

Journal of Economic Behavior & Organization, 2014, vol. 105, issue C, 191-207

Abstract: We develop a model in which the principal and the agent share private information about the value of the agent for a multi-agent organization. The principal can disclose private information and make public the relative standing or status of all agents in the organization. We study whether it is better in terms of profit and utility to disclose or to not disclose status to the group of agents. Conditions for the optimality of disclosure versus non-disclosure are characterized for the cases of exogenous and endogenous human capital.

Keywords: Status; Disclosure; Human capital (search for similar items in EconPapers)
JEL-codes: D1 D2 J3 L L2 M5 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jeborg:v:105:y:2014:i:c:p:191-207

DOI: 10.1016/j.jebo.2014.05.002

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