An objective of this paper is to analyze the economic performance of committees; in particular, the optimal degree of consensus to be required for committee’s decision making (concerning acceptance or rejection of projects), and the optimal size of committee. Our focus is on two basic...

An objective of this paper is to analyze the economic performance of committees; in particular, the optimal degree of consensus to be required for committee’s decision making (concerning acceptance or rejection of projects), and the optimal size of committee. Our focus is two basic trade-offs...

Wieder ein imponierend faktenreiches, problemorientiertes Werk nach "Die roaring nineties" (BA 3/04) und "Die Schatten der Globalisierung" (BA 7/02) des Wirtschaftsnobelpreisträgers. Globalisierungsdebatte und die Einschätzungen des Autors haben sich nach dem 11.9.2001 und den folgenden...