01913cas a2200313 a 4500 AALejournalIMF002555 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451857511 1018-5941 BD-DhAAL BD-DhAAL Yontcheva, Boriana. Hierarchy and Authority in a Dynamic Perspective : A Model Applied to Donor Financing of NGO Proposals / Boriana Yontcheva. Washington, D.C. : International Monetary Fund, 2003. 1 online resource (22 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper presents a dynamic game of strategic delegation between a principal and an agent. The principal can choose between two organizational designs: a traditional hierarchy where she retains authority over the choice of projects to be implemented or a delegation where she allows her agent to select the project. The key objectives of this model are to identify the long-run determinants of the principal's choice and verify the impact of the authority allocation on the agent's effort levels and on the principal's payoffs. We apply the model to the relationships between institutional donors and nongovernmental organizations. Mode of access: Internet Development Aid imf Hierarchies imf NGOS imf Strategic Delegation imf WP imf Belgium imf IMF Working Papers; Working Paper ; No. 2003/157 Full text available on IMF http://elibrary.imf.org/view/journals/001/2003/157/001.2003.issue-157-en.xml IMF e-Library