Bolton, P.
Dewatripont, M.
This short paper surveys some recent research on the internal organization of firms, with an emphasis on task allocation and synchronization. It focuses on an organization facing no incentive problems but time constraints and costs of communication. It highlights two motives for communication: concern for delay and concern for throughput. It also considers the interaction between the time and budget constraints of the firm and its implication for organization design.
Bibliographic reference |
Bolton, P. ; Dewatripont, M.. The Time and Budget Constraints of the Firm.9th Annual Congress of the European-Economic-Association (MAASTRICHT(Netherlands), Sep 03-05, 1994). In: European Economic Review, Vol. 39, no. 3-4, p. 691-699 (1995) |
Permanent URL |
http://hdl.handle.net/2078.1/63165 |