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Information Production and Capital Allocation: Decentralized vs. Hierarchical Firms

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NBER2000-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w7705
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This paper assesses different organizational forms in terms of their ability to generate information about investment projects and allocate capital to these projects efficiently. A decentralized approach with small, single-manager firms is most likely to be attractive when information about
创建时间:
2000-05-01
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