Collusion and Delegation under Information Control
研究了委托人如何通过控制监督者的信息来影响合谋激励，并决定是否将监督权下放给监督者。发现当监督者预算大或生产价值小时，委托人更倾向于授权；反之则直接沟通。
This paper studies how information control affects incentives for collusion and optimal organizational structures in principal-supervisor-agent relationships. I consider a model in which the principal designs the supervisor's signal on the productive agent's private information and the supervisor and agent may collude. I show that the principal optimally delegates the interaction with the agent to the supervisor if either the supervisor's budget is large or the value of production is small. The principal prefers direct communication with the supervisor and agent if the supervisor's budget is sufficiently small and the value of production is high.