This paper investigates the determination and consequences of organizational changes (OC) in a panel of British and French establishments. Organizational changes include the decentralization of authority, delayering of managerial functions, and increased multitasking. We argue that OC and skills...

A principal needs a worker for the production of a good. The worker can be hired as an internal agent, or an external agent under a contract. These two organizational modes correspond to in-house production and outsourcing, respectively. In each case, the agent earns experience benefits: future...

The article discusses the origins of the U-shaped average cost curve, which is one of the most widely used tools in microeconomic analysis. Its widespread use leads many to consider it as a basic tool, obscuring the fact that the graph of the U-shaped average cost curve is part of a complex...

Including real options in firms ’ value raises numerous difficulties. Limitations concerning the relevance of option pricing models outside financial markets are the most salient, but carrying out a valuation implies other assumptions, especially on firms’ governance. In particular,...

In high diversity, Just In Time production environments, mixed-model assembly lines aim at producing a large amount of end products that use alternative variants of components used in the assembly process. Therefore, the availability of parts required at the border of the assembly line is...

Article consacré à deux approches du pilotage des flux. Comparaison entre l'approche à flux poussée et l'approche à flux tirés. En l'occurence l'article met en valeur le système kanban.