Showing 1 - 10 of 4,860
levels of the firms' hierarchy. Thus, workers empowerment and the move to flatter firm organizations emerge as an equilibrium …
Persistent link: https://www.econbiz.de/10010373499
eroded as one moves down the hierarchy. The reason is that, because exerting effort is costly, the supervisor only partially … inefficiencies, firms should keep the extent of hierarchy to a minimum, promote employees with the strongest sensitivity to social …
Persistent link: https://www.econbiz.de/10010226550
A hierarchically structured rent-seeking contest may be associated with lower equilibrium expenditure than a corresponding flat contest. In this chapter we discuss how this fact may be used to explain the structure of organizations such as firms, including why firms commonly have outside owners.
Persistent link: https://www.econbiz.de/10010359931
We model a firm in an institutional market setting, consisting of a production technology and its governance. The governance consists of a hierarchical firm structure, a cost efficiency parameter,and an internal pay system. The depth of the firm is determined by profit maximization under the...
Persistent link: https://www.econbiz.de/10011343293
Persistent link: https://www.econbiz.de/10001515433
Persistent link: https://www.econbiz.de/10001456282
Persistent link: https://www.econbiz.de/10001477223
Persistent link: https://www.econbiz.de/10001588467
Persistent link: https://www.econbiz.de/10001765390
Persistent link: https://www.econbiz.de/10000966091