Hierarchy and the size of a firm

In this note, we apply weighted hierarchical games of cooperative game theory to the problem of optimal firm size of the firm. In particular, we analyze the influence of production technology on the size of the firm. Our note enhances previous approaches using a permission structure with equally strong relationships between predecessor and direct successors.

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Year of publication:	2021
Authors:	Hiller, Tobias
Published in:	International Review of Economics. - Berlin, Heidelberg : Springer, ISSN 1863-4613. - Vol. 68.2021, 3, p. 389-404
Publisher:	Berlin, Heidelberg : Springer
Subject:	Cooperative game theory \| Hierarchy

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Type of publication:	Article
Type of publication (narrower categories):	Article
Language:	English
Other identifiers:	10.1007/s12232-021-00375-z [DOI]
Classification:	C71 - Cooperative Games ; L25 - Firm Size and Performance
Source:	EconStor

Persistent link: https://www.econbiz.de/10014501974