Similar Search Results

Antràs, Pol; Garicano, Luis; Rossi-Hansberg, Esteban - London School of Economics and Political Science - 2006

How does the formation of cross-country teams affect the organization of workand the structure of wages? To study this question, we propose a theory of theassignment of heterogeneous agents into hierarchical teams, where less skilledagents specialize in production and more skilled agents...

Persistent link: https://www.econbiz.de/10008860696

INTELLIGENCE FAILURES: AN ORGANIZATIONAL ECONOMICS PERSPECTIVE

Garicano, Luis; Posner, Richard A. - University <Chicago, Ill.> / Department of Economics - 2005

Two recent failures of the United States intelligence system have led to thecreation of high-level investigative commissions. The failure to prevent theterrorist attacks of 9/11 prompted the creation of the 9/11 Commission, andthe mistaken belief that Saddam Hussein had retained weapons of...

Persistent link: https://www.econbiz.de/10008860697

Hierarchical Sorting and Learning Costs: Theory and Evidence from the Law

Garicano, Luis; Hubbard, Thomas N. - University <Chicago, Ill.> / Department of Economics; … - 2005

Garicano and Rossi-Hansberg (2003) show that knowledge-based hierarchies arecharacterized by positive sorting between workers and managers when knowledgeacquisition takes place before production. We extend the analysis and find thatcomplementarities between manager and worker skill are even...

Persistent link: https://www.econbiz.de/10008860698

Inequality and the Organization of Knowledge

Garicano, Luis; Rossi-Hansberg, Esteban - University <Chicago, Ill.> / Department of Economics; … - 2004

Since the seminal work of Katz and Murphy (1992), the study of wage inequalityhas taken as its starting point a neoclassical CES production function using as inputscapital and low and high skill labor. This approach assumes that the organization ofproduction is fixed and determined by a...

Persistent link: https://www.econbiz.de/10008860701

The Distinct Effects of Information Technology and Communication Technology on Firm Organization

Bloom, Nick; Garicano, Luis; Sadun, Raffaella; Van … - London School of Economics and Political Science - 2009

Empirical studies on information communication technologies (ICT) typically aggregate the“information” and “communication” components together. We show theoretically and empirically thatthese have very different effects on the empowerment of employees, and by extension on wageinequality....

Persistent link: https://www.econbiz.de/10008860705

Earnings Inequality and Coordination Costs: Evidence from U.S. Law Firms

Garicano, Luis; Hubbard, Thomas N. - London School of Economics and Political Science; … - 2009

Earnings inequality has increased substantially since the 1970s. Using evidence changes from condential Census data on U.S. law offices on lawyers'organization and earnings, we study the extent to which the mechanism suggested by Lucas (1978) and Rosen (1982), a scale of operations effect...

Persistent link: https://www.econbiz.de/10008860707

Status Incentives

Besley, Timothy; Ghatak, Maitreesh - London School of Economics and Political Science - 2008

When economists study incentives in organizations,the main focus has been on using monetary paymentsin exchange for performance on specific measurabledimensions. But organizations use a wide varietyof means to motivate their workers. One suchmethod which has not been studied much to date, isthe...

Persistent link: https://www.econbiz.de/10008860721

Competition and Incentives with Motivated Agents

Besley, Timothy; Ghatak, Maitreesh - London School of Economics and Political Science - 2005

A unifying theme in the literature on organizations such as public bureaucraciesand private nonprofits is the importance of mission, as opposed to profit, as anorganizational goal. Such mission-oriented organizations are frequently staffed bymotivated agents who subscribe to the mission. This...

Persistent link: https://www.econbiz.de/10008911470

Co-ordination Mechanisms and Intensity of Integration Matter for the Duration and Success of Mergers

Lindstädt, Hagen - Institut für Angewandte Betriebswirtschaftslehre, … - 2004

Failed mergers are often attributed to „corporate culture problems“ – this statement is now almost regarded as commonplace. However, because these difficulties can rarely be differentiated between, this reference is unsatisfactory and in the worst case could even be used as an excuse. This...

Persistent link: https://www.econbiz.de/10009005010

Keeping it in the family – The relative importance of strategic internal and external relationships in corporate entrepreneurship

Tunstall, Richard; Thomas, Brychan - Welsh Enterprise Institute <Pontypridd> - 2002

plots the vectors into which an organisation can sit withregard to its strategic decisions on developing corporate … entrepreneurship and the subsequentrelationships necessary for successful implementation.There are several options an organisation can … appreciation in the case studies of the importance of relationships with outsiders tothe organisation in developing venture …

Persistent link: https://www.econbiz.de/10009022243