Organizational Fixed Costs and Organizational Structure

This paper shows how fixed costs can play an important role in determining the structure of organizations. Applications considered include layoffs, downsizing, heterogeneity among firms, and the structure of hierarchies. Agency problems as a source of fixed costs are also considered.

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Year of publication:	1996-10-31
Authors:	Hermalin, Benjamin E.
Institutions:	EconWPA
Subject:	fixed costs \| organizational structure

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Extent:	application/pdf application/postscript
Series:	Industrial Organization.
Type of publication:	Book / Working Paper
Notes:	Type of Document - Postscript/PDF; prepared on IBM PC ; to print on Postscript/Any; pages: 22 ; figures: included 22 pages
Classification:	L2 - Firm Objectives, Organization, and Behavior ; D21 - Firm Behavior ; D23 - Organizational Behavior; Transaction Costs; Property Rights
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005412987