摘要：The paper studies the optimal allocation of authority in an organization where an agent,who has reputation concerns, strategically transmits his information to the principal. Theoptimal allocation of authority allows its holder to use more and better information in order tomake efficient decisions. The paperidenti fies the mechanism through which the agentʼsreputation concerns affect his information transmission. It shows that under centralization theagent transmits his information truthfully to the principal only if his reputation concerns arelow and therefore that the delegation of authority to the agent can be optimal if the agentʼsreputation concerns are high.
关键词：authority; delegation; centralization; reputation concerns; information transmission
