| 来源类型 | Working Paper
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| 规范类型 | 报告
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| DOI | 10.3386/w2407
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| 来源ID | Working Paper 2407
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| Transactions Costs and Internal Labor Markets |
| Sherwin Rosen
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| 发表日期 | 1987-10-01
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| 出版年 | 1987
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| 语种 | 英语
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| 摘要 | The concept of transactions costs used by Coase in "The Nature of the Firm" is applied to the internal labor market of an organization. Under joint production it is shown that the number of transaction-specific prices necessary to decentralize labor allocations rises geometrically with the size of the work force. Complexity of calculation and costs of implementation constrains the possibilities for internal decentralization through a price mechanism and substitutes a more authoritarian system of allocation instead. These same issues of complexity and implementation costs limit the usefulness of agency theory as a conceptual framework for this problem. The analysis suggests that an internal labor market must be viewed in a more comprehensive framework of a personnel management system. |
| URL | https://www.nber.org/papers/w2407
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| 来源智库 | National Bureau of Economic Research (United States)
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| 引用统计 |
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/559662
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推荐引用方式
GB/T 7714 |
Sherwin Rosen. Transactions Costs and Internal Labor Markets. 1987.
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文件名：
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w2407.pdf
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格式：
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Adobe PDF
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