| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP15026 |
| DP15026 Authority in a theory of the firm | |
| Inga Deimen; Dezso Szalay | |
| 发表日期 | 2020-07-10 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | We study a simple model of the firm comprised of a production unit, a sales unit, and an owner with interests in both units. The owner has the right to adapt the production quantity to changes in demand and costs. Whether the owner effectively assumes this right or delegates decision-making depends on the relative uncertainty about demand and costs, on the division of surplus in the firm, and on the riskiness of the environment the firm faces. We characterize conditions that make acquiring ownership rights feasible and effcient. The same conditions determine the boundaries of the firm in our model. |
| 主题 | Industrial Organization |
| 关键词 | Ownership Authority Strategic communication Delegation Organizations Noisy information Common and private values |
| URL | https://cepr.org/publications/dp15026 |
| 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/543975 |
| 推荐引用方式 GB/T 7714 | Inga Deimen,Dezso Szalay. DP15026 Authority in a theory of the firm. 2020. |
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