New Study Reveals Optimal Delegation Structures for Maximum Efficiency and Success
Delegation Structure and Incentives: The Case of Multiple Agents explores how different ways of assigning tasks and rewards can affect the performance of a team. The study looks at three delegation structures: parallel, preferential, and sequential. The researchers found that when one team member gets a big reward, the team is diverse, and there are conflicts between team members, parallel delegation is not the best choice. However, in most cases, parallel delegation works well. If the project is urgent, sequential delegation is not ideal, but in other situations, it is the best option. This research sheds light on how organizations like companies, parliaments, and governments can be structured for better results.