A Utopia? Government without Territorial Monopoly: Comment
In: Journal of institutional and theoretical economics: JITE, Volume 157, Issue 1, p. 176-179
ISSN: 0932-4569
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In: Journal of institutional and theoretical economics: JITE, Volume 157, Issue 1, p. 176-179
ISSN: 0932-4569
In: Bulletin of economic research, Volume 50, Issue 3, p. 201-227
ISSN: 1467-8586
This paper provides a review of theories of hierarchies in organizations where the rationale for hierarchical organization derives from agents' limited capacities for acquiring and communicating information. In these circumstances, hierarchical organization of agents may serve to reduce the amount of time necessary for completion of production tasks, or to improve the quality of information for decision‐making on how to undertake production tasks. An informal discussion of theories of hierarchy is provided as well as a formal presentation of key models and results. Limitations of existing approaches are considered.
In: The Economic Journal, Volume 104, Issue 426, p. 1224
In: European journal of political economy, Volume 10, Issue 2, p. 311
ISSN: 0176-2680