haku: @author McAfee, P. / yhteensä: 1
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| Tekijä: | McAfee, P. McMillan, J. |
| Otsikko: | Organizational diseconomies of scale |
| Lehti: | Journal of Economics and Management Strategy
1995 : FALL, VOL. 4:3, p. 399-426 |
| Asiasana: | ORGANIZATIONS SCALING ECONOMIC CONDITIONS |
| Kieli: | eng |
| Tiivistelmä: | Private information creates a cost of operating a hierarchy, which becomes larger as the hierarchical distance between the information source and the decision maker increases. When information about a firm's capabilities is dispersed among the individuals in the firms, production is inefficient even though everyone behaves rationally. Because hierarchies need rents in order to function , a firm with a long hierarchy may not be viable in a competitive industry. |
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