CEMA研讨会2018年秋季第十二讲将于11月29日（周四）中午12:30-1:50在712会议室举行，由北京大学光华管理学院应用经济学系翁翕副教授报告论文“Authority and Communication under the Shadow of Future Centralization”，欢迎感兴趣的师生参加。

【Titile】: Authority and Communication under the Shadow of Future Centralization

【Abstract】: This paper re-investigates the desirability of delegation under the shadow of future centralization. We consider a two-period model where in the first period, the principal chooses between delegation and no delegation, while the second period decision is made by the principal based on the information acquired in the first period. Different from the classical finding in Dessein (2002) which claims that delegation always dominates no delegation for all parameter values whenever communication is informative, we find that adding the second-period centralized decision always weakens the dominance of delegation over no delegation, and we can always find parameter values for which communication is informative while no delegation strictly dominates fully separating delegation.

【报告人简介】: 翁翕，北京大学光华管理学院应用经济系副教授，“日出东方”光华研究学者，主要研究领域为博弈论，应用微观经济理论和产业经济学。2004年本科、2006年硕士毕业于北京大学，2011年毕业于美国宾夕法尼亚大学，获经济学博士学位。温翕副教授的研究成果发表于（或即将发表于）国外顶级学术期刊，如Management Science, Economic Journal, American Economic Journal: Microeconomics, Journal of Economic Theory, International Economic Review和Journal of Economics & Management Strategy.

中国经济与管理研究院
2018年11月23日