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On the Design of Hierarchies: Coordination Versus Specialization

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NBER1999-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w7388
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We develop a model of hierarchies based on the allocation of authority. A firm's owners have ultimate authority over a firm's decisions, but they have limited time or capacity to exercise this authority. Hence owners must delegate authority to subordinates. However, these subordinates also have
提供机构:
美国国家经济研究局
创建时间:
1999-10-01
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