We present a theory of the organization of work in an economy where knowledge is an essential input in production: a … may produce on their own or in organizations. Our theory generates an assignment of workers to positions, a wage structure … referral markets. We use our theory to study the impact of information and communication technology, and contrast its …

question we propose a theory of the assignment of heterogeneous agents into hierarchical teams, where less skilled agents …

question we propose a theory of the assignment of heterogeneous agents into hierarchical teams, where less skilled agents …

span according to their expected effective ability. This theory explains our empirical findings and provides a richer … theory of careers in hierarchies …

question we propose a theory of the assignmenof heterogeneous agents into hierarchical teams, where less skilled agents …