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Intelligence Failures: An Organizational Economics Perspective

Garicano, Luis; Posner, Richard A. - C.E.P.R. Discussion Papers - 2005

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

Persistent link: https://www.econbiz.de/10005656431

Organizing for Synergies

Garicano, Luis - London School of Economics and Political Science - 2010

Large companies are usually organized into business units, yet some activitiesare almost always centralized in a company-wide functional unit. We firstshow that organizations endogenously create an incentive conflict between functionalmanagers (who desire excessive standardization) and...

Persistent link: https://www.econbiz.de/10008860684

Coordinating tasks in M-form and U-form organisations

Qian, Yingyi; Roland, Gerard; Xu, Cheng-Gang - London School of Economics (LSE) - 2003

We model the coordination of specialised tasks inside an organisation as "attribute matching". Using this method, we … compare the performance of organisational forms (M-form and U-form) in implementing changes such as innovation and reform. In … our framework, organisational forms affect the information structure of an organisation and thus the way to coordinate …

Persistent link: https://www.econbiz.de/10010928762

Coordinating Tasks in M-Form and U-Form Organisations

Qian, Yingyi; Roland, Gerard; Xu, Chenggang - Suntory and Toyota International Centres for Economics … - 2003

Persistent link: https://www.econbiz.de/10005151125

Chapter 26 Agent-Based Models of Organizations

Chang, Myong-Hun; Harrington, Joseph E. - In: Handbook of computational economics : volume 2, …, (pp. 1273-1337). 2006

The agent-based approach views an organization as a collection of agents, interacting with one another in their pursuit of assigned tasks. The performance of an organization in this framework is determined by the formal and informal structures of interactions among agents, which define the lines...

Persistent link: https://www.econbiz.de/10014024379

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

Product Recalls, Imperfect Information, and Spillover Effects: Lessons from the Consumer Response to the 2007 Toy Recalls

Freedman, Seth M.; Kearney, Melissa Schettini; … - National Bureau of Economic Research (NBER) - 2009

In 2007, the Consumer Product Safety Commission (CPSC) issued 276 recalls of toys and other children's products, a sizeable increase from previous years. The overwhelming majority of the 2007 toy recalls were due to high levels of lead content and almost all of these toys were manufactured in...

Persistent link: https://www.econbiz.de/10005061601

Service Quality and Institutional Change : Keeping Score in Public Sector Reform

McKoy, Derrick V. - 2011

This article argues that it is possible to distinguish between the utility of different institutional structures by comparing the quality service that each typed delivers. As the executive agencies of the new public management are considered to be different from the traditional public sector...

Persistent link: https://www.econbiz.de/10014178472

Credit Card Reform and Bankruptcy Reform

Simkovic, Michael - 2012

Consumer advocates won a victory with the passage of the Credit Card Accountability Responsibility and Disclosure Act of 2009. (Credit Card Act). The Credit Card Act bans certain pricing practices that were confusing to credit card users. Ironically, the seeds of this legislative victory may...

Persistent link: https://www.econbiz.de/10013116346

Reforming Foreign Investment Law in Cuba : What Does It Really Mean for Eager Investors?

Paparelli, K. - 2016

This paper provides risk/reward evaluation and legal analysis of foreign investing under Cuban Law No. 118 (2014). Section I addresses dynamic changes in Cuba since 2008. Section II examines reforms of Cuban foreign investment laws. Section III explores investment options such as import/export,...

Persistent link: https://www.econbiz.de/10013003178

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