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Article: The Comparative Statics of Optimal Hierarchies
Title | The Comparative Statics of Optimal Hierarchies |
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Authors | |
Issue Date | 2019 |
Publisher | American Economic Association. The Journal's web site is located at https://www.aeaweb.org/journals/mic |
Citation | American Economic Journal: Microeconomics, 2019, v. 11 n. 2, p. 1-25 How to Cite? |
Abstract | Several classes of models of hierarchical organizations share two common properties: the characteristics at different levels of the hierarchy are complementary, but this complementarity does not extend beyond adjacent levels. We propose a unified yet simple approach to study comparative statics of organizational characteristics with endogenous number of hierarchical layers in all these models. We use this new approach to study organizational decision making, and show that increased delay cost incentivizes the organization to empower lower-level employees more than upper-level employees. |
Persistent Identifier | http://hdl.handle.net/10722/256186 |
ISSN | 2023 Impact Factor: 2.2 2023 SCImago Journal Rankings: 3.835 |
ISI Accession Number ID |
DC Field | Value | Language |
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dc.contributor.author | Chen, C | - |
dc.contributor.author | Suen, WC | - |
dc.date.accessioned | 2018-07-20T06:30:38Z | - |
dc.date.available | 2018-07-20T06:30:38Z | - |
dc.date.issued | 2019 | - |
dc.identifier.citation | American Economic Journal: Microeconomics, 2019, v. 11 n. 2, p. 1-25 | - |
dc.identifier.issn | 1945-7669 | - |
dc.identifier.uri | http://hdl.handle.net/10722/256186 | - |
dc.description.abstract | Several classes of models of hierarchical organizations share two common properties: the characteristics at different levels of the hierarchy are complementary, but this complementarity does not extend beyond adjacent levels. We propose a unified yet simple approach to study comparative statics of organizational characteristics with endogenous number of hierarchical layers in all these models. We use this new approach to study organizational decision making, and show that increased delay cost incentivizes the organization to empower lower-level employees more than upper-level employees. | - |
dc.language | eng | - |
dc.publisher | American Economic Association. The Journal's web site is located at https://www.aeaweb.org/journals/mic | - |
dc.relation.ispartof | American Economic Journal: Microeconomics | - |
dc.rights | American Economic Journal: Microeconomics. Copyright © American Economic Association. | - |
dc.title | The Comparative Statics of Optimal Hierarchies | - |
dc.type | Article | - |
dc.identifier.email | Chen, C: ccfour@hku.hk | - |
dc.identifier.email | Suen, WC: hrneswc@hku.hk | - |
dc.identifier.authority | Chen, C=rp01944 | - |
dc.identifier.authority | Suen, WC=rp00066 | - |
dc.description.nature | published_or_final_version | - |
dc.identifier.doi | 10.1257/mic.20170158 | - |
dc.identifier.scopus | eid_2-s2.0-85070008147 | - |
dc.identifier.hkuros | 286064 | - |
dc.identifier.volume | 11 | - |
dc.identifier.issue | 2 | - |
dc.identifier.spage | 1 | - |
dc.identifier.epage | 25 | - |
dc.identifier.isi | WOS:000466167200001 | - |
dc.publisher.place | United States | - |
dc.identifier.issnl | 1945-7669 | - |