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Decision-makers can benefit from the experience of others with solutions to common problems. If a best practice exists, the challenge is to recognize it and to ensure its diffusion. Information about different solutions is often dispersed, and decision-makers may be reluctant to switch for...
Persistent link: https://www.econbiz.de/10005004541
Transparent decision-making processes are widely regarded as a prerequisite for the working of a representative democracy. It facilitates accountability, and citizens may suspect that decisions, if taken behind closed doors, do not promote their interests. Why else the secrecy? We provide a...
Persistent link: https://www.econbiz.de/10005816373
How much does one need to know about the characteristics of heterogeneous agents in order to position them correctly in an organizational structure? This question is addressed in a project selection framework with error--prone decision--makers.
Persistent link: https://www.econbiz.de/10005697657
The effect of organizational structure on performance is studied using a project selection framework in which heterogeneous, rational agents can reject or accept projects.
Persistent link: https://www.econbiz.de/10005697685