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We present an equilibrium theory of the organization of work in an economywhere knowledge is an essential input in … designed to use and communicate their knowledge efficiently. Relativeto autarky, organization leads to larger cross … acquire knowledge lead to opposite implicationson wage inequality and organization than reductions in communication costs.[...] …
Persistent link: https://www.econbiz.de/10008860694
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
these areas must put knowledge and information atthe center of the analysis of organizations and link the organizational …
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interaction between technology, organisation and economic performance is then provided, focusing on the transition from networks … to hierarchies. We show that different technologies and organisational forms can co-exist efficiently and that …
Persistent link: https://www.econbiz.de/10005398512
Hierarchies allow individuals to leverage their knowledge through others` time.This mechanism increases productivity … andorganization of U.S. lawyers and use an equilibrium model of knowledge hierarchiesinspired by Garicano and Rossi-Hansberg (2006) to …
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hierarchiesin which organizations arise endogenously to make efficient use of agents’knowledge. Our theory highlights the role of … improves the efficiency ofthe transmission of knowledge across countries. The model further delivers the predictionthat the …
Persistent link: https://www.econbiz.de/10008860691