Arbeitspapier
Power dynamics in organizations
We examine an infi nitely repeated game between a principal, who has the formal authority to decide on a project, and a biased agent, who is privately informed about what projects are available. The optimal relational contract speaks to how power is earned, lost, and retained. It shows that entrenched power structures are consistent with optimal administration of power. And it provides new perspectives on why similar firms organize differently, even when those organizational differences lead to persistent differences in performance, and why established firms fail to exploit new opportunities, even when they are publicly observable.
- Sprache
-
Englisch
- Erschienen in
-
Series: CSIO Working Paper ; No. 0139
- Klassifikation
-
Wirtschaft
Organizational Behavior; Transaction Costs; Property Rights
Asymmetric and Private Information; Mechanism Design
Organization of Production
- Thema
-
internal organization
relational contracting
power
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Li, Jin
Matouschek, Niko
Powell, Michael
- Ereignis
-
Veröffentlichung
- (wer)
-
Northwestern University, Center for the Study of Industrial Organization (CSIO)
- (wo)
-
Evanston, IL
- (wann)
-
2015
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Li, Jin
- Matouschek, Niko
- Powell, Michael
- Northwestern University, Center for the Study of Industrial Organization (CSIO)
Entstanden
- 2015
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