In line with the fallacy of riskification of uncertainty by which decision makers believe that the effects of … markets, such as natural disasters, terrorist attacks, and financial crises--as a problem of risk management. This is … business continuity. Taken together, this article offers the foundation for a behaviorally plausible, decision …

ingredients: (a) decision rights can be transferred ex ante through ownership, (b) managers (and possibly workers) enjoy private …

organization; and relationships with limited partners. In selecting investments, VCs see the management team as more important than …

the opportunity for managerial slack. Consistent with the notion that competition mitigates managerial slack, we find that …, firms in competitive industries experience no significant effect. When we examine which agency problem competition mitigates …

Partnering with the Census we implement a new survey of "structured" management practices in 32,000 US manufacturing … plants. We find an enormous dispersion of management practices across plants, with 40% of this variation across plants within … the same firm. This management variation accounts for about a fifth of the spread of productivity, a similar fraction as …

less frequently, bargaining across users as outlined by Ronald Coase. However, many difficult natural resource management … management regimes to mitigate cross-sectoral externalities …