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Effort Observability, Incentive Systems, and Organizational Forms

โœ Scribed by Maria De Paola; Vincenzo Scoppa


Book ID
111040855
Publisher
John Wiley and Sons
Year
2010
Tongue
English
Weight
160 KB
Volume
24
Category
Article
ISSN
1121-7081

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We model an organization as a hierarchy of managers erected on top of a technology (here consisting of a collection of plants). In our framework, the role of a manager is to take steps to reduce the adverse consequences of shocks that affect the plants beneath him. We argue that different organizati