Project design with limited commitment and teams
研究项目经理在有限承诺能力下如何选择项目目标，发现承诺能力越弱，项目规模越大，且除非承诺能力足够强，否则应将项目规模决策权下放给团队成员。
We study the interaction between a group of agents who exert effort to complete a project and a manager who chooses its objectives. The manager has limited commitment power so that she can commit to the objectives only when the project is sufficiently close to completion. We show that the manager has incentives to extend the project as it progresses. This result has two implications. First, the manager will choose a larger project if she has less commitment power. Second, the manager should delegate the decision rights over the project size to the agents unless she has sufficient commitment power.