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This paper compares centralized and decentralized coordination when managers are privately informed and communicate strategically. We consider a multi-divisional organization in which decisions must be responsive to local conditions but also coordinated with each other. Information about local...
Persistent link: https://www.econbiz.de/10014056693
Previous research, assuming linear pricing, has argued that telecommunications networks may use a high access charge as an instrument of collusion. I show that this conclusion is difficult to maintain when operators compete in nonlinear pricing: (i) As long as subscription demand is inelastic,...
Persistent link: https://www.econbiz.de/10014029726
How do attention capacity and expertise affect the allocation of attention? Adapted from Dessein and Santos (2020), our theory shows that when attention is scarce, a manager focuses her attention on tasks in which she has relatively more expertise: she "manages with style." In contrast, when...
Persistent link: https://www.econbiz.de/10014091669
We consider organizations that optimally choose the level of adaptation to a changing environment when coordination among specialized tasks is a concern. Adaptive organizations provide employees with flexibility to tailor their tasks to local information. Coordination is maintained by limiting...
Persistent link: https://www.econbiz.de/10014026656
This paper endogenizes coordination problems in organizations by allowing for both ex ante coordination of activities, using rules and task guidelines, and ex post coordination, using communication and broad job assignments. It shows that: (i) Task specialization and the division of labor is...
Persistent link: https://www.econbiz.de/10013310259
Persistent link: https://www.econbiz.de/10014280141
The Covid-19 pandemic has accelerated the trend of many colleges moving to test-optional, and in some cases test-blind, admissions policies. A frequent claim is that by not seeing standardized test scores, a college is able to admit a student body that it prefers, such as one with more...
Persistent link: https://www.econbiz.de/10014343722
Persistent link: https://www.econbiz.de/10014228857
This paper compares centralized and decentralized coordination when managers are privately informed and communicate strategically. We consider a multidivisional organization in which decisions must be adapted to local conditions but also coordinated with each other. Information about local...
Persistent link: https://www.econbiz.de/10005821477
We show how differences in demand and unbalanced call flows affect considerably thepricing strategies of competing telecommunications networks and this both forcompetition in linear and nonlinear pricing. Differences in demand give also scope fortargeted entry. If networks are close substitutes,...
Persistent link: https://www.econbiz.de/10005772931