Help Privacy Policy Disclaimer
  Advanced SearchBrowse





The value of information on deadlines; successful opaque management


Serena,  Marco
Public Economics, MPI for Tax Law and Public Finance, Max Planck Society;

External Resource
Fulltext (restricted access)
There are currently no full texts shared for your IP range.
Fulltext (public)
There are no public fulltexts stored in PuRe
Supplementary Material (public)
There is no public supplementary material available

Serena, M. (2021). The value of information on deadlines; successful opaque management. International Journal of Game Theory, 50(2), 377-397.

Cite as: https://hdl.handle.net/21.11116/0000-0002-CD4F-0
We propose a simple model to investigate whether an agent works harder when she is informed of the tasks’ deadlines (i.e., under transparent management) or not (i.e., under opaque management). We do so in a stylized model where; (1) in each period, the agent may work at some cost, rather than shirk at no cost, so as to increase her probability of completing the task, (2) the agent receives an exogenous reward if she completes the task, and (3) at a certain period that the agent knows (transparent management) or not (opaque management), an exogenous deadline will suddenly prevent the agent from working any longer on the task. We find that the agent is strictly more (less) likely to work under opaque than transparent management when the exogenous reward for the task completion is high (low), but not too high (low).