| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP10395
|
| DP10395 Why organizations fail: models and cases |
| Luis Garicano; Luis Rayo
|
| 发表日期 | 2015-02-08
|
| 出版年 | 2015
|
| 语种 | 英语
|
| 摘要 | Organizations fail due to incentive problems (agents do not want to act in the organization's interests) and bounded rationality problems (agents do not have the necessary information to do so). This survey uses recent advances in organizational economics to illuminate organizational failures along these two dimensions. We combine reviews of the literature with simple models and case discussions. Specifically, we consider failures related to the allocation of authority and short-termism, both of which are instances of 'multitasking problems'; communication failures in the presence of both soft and hard information due to incentive misalignments; resistance to change due to vested interests and rigid cultures; and failures related to the allocation of talent and miscommunication due to bounded rationality. We find that the organizational economics literature provides parsimonious explanations for a large range of economically significant failures. |
| 主题 | Industrial Organization
; Labour Economics
|
| 关键词 | Organizational economics
|
| URL | https://cepr.org/publications/dp10395
|
| 来源智库 | Centre for Economic Policy Research (United Kingdom)
|
| 资源类型 | 智库出版物
|
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/539226
|
推荐引用方式
GB/T 7714 |
Luis Garicano,Luis Rayo. DP10395 Why organizations fail: models and cases. 2015.
|
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