Arbeitspapier
Organizational capacity and project dynamics
This paper develops a dynamic theory of the interaction of organizational capacity and its institutional context. Higher capacity enables organizations to deliver projects efficiently, while institutional barriers allow opposing interests to reallocate project payoffs at the cost of delays. Projects that are small and distributionally unequal are vulnerable to revisions. Project designers avoid revisions by equalizing distributive benefits or inflating project scales to increase the cost of revisions. We show that "matched" levels of capacity and institutional barriers minimize welfare. Organizational systems with high capacity and low institutional barriers, or low capacity and high institutional barriers, generate more efficient outcomes.
- Sprache
-
Englisch
- Erschienen in
-
Series: New Working Paper Series ; No. 339
- Klassifikation
-
Wirtschaft
Bureaucracy; Administrative Processes in Public Organizations; Corruption
Asymmetric and Private Information; Mechanism Design
- Thema
-
Organizational Capacity
Revisions
Power Transitions
Project Delays,Project Design
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Foarta, Dana
Ting, Michael M.
- Ereignis
-
Veröffentlichung
- (wer)
-
University of Chicago Booth School of Business, Stigler Center for the Study of the Economy and the State
- (wo)
-
Chicago, IL
- (wann)
-
2023
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 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
- Foarta, Dana
- Ting, Michael M.
- University of Chicago Booth School of Business, Stigler Center for the Study of the Economy and the State
Entstanden
- 2023
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