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Organizational inertia and dynamic incentives

โœ Scribed by Marcel Boyer; Jacques Robert


Book ID
116635028
Publisher
Elsevier Science
Year
2006
Tongue
English
Weight
227 KB
Volume
59
Category
Article
ISSN
0167-2681

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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