search query: @author Rotemberg, J. / total: 4
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| Author: | Rotemberg, J. |
| Title: | Power in profit-maximizing organizations |
| Journal: | Journal of Economics & Management Strategy
1993 : SUMMER, VOL. 2:2, p. 165-198 |
| Index terms: | POWER PROFIT ORGANIZATIONS |
| Language: | eng |
| Abstract: | The author studies how profit-maximizing organizations make decisions. Members of organizations tend to have incompatible preferences over decisions, but willingness to pay for decisions plays a very limited role in actual decision making. A sizable empirical literature documents that people who provide critical services, are hard to replace, or deal effectively with external shocks are powerful; they have disproportionate influence over decisions. |
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