Hierarchies allow individuals to leverage their knowledge through others. time. This mechanism increases productivity … and organization of U.S. lawyers and use the equilibrium model of knowledge hierarchies in Garicano and Rossi …

knowledge: they do not require mutual understanding between the sender and the receiver as other forms of communication do. In … particular, the knowledge of both the team payoff function and the team organisation can be ordered according to hierarchical … derives the requirements in terms of knowledge of the members that follow from given structures of task assignment …