Descriptor
| Administrative Organization | 1 |
| Coordination | 1 |
| Coordinators | 1 |
| Economics | 1 |
| Money Management | 1 |
| Power Structure | 1 |
| Specialization | 1 |
| Vertical Organization | 1 |
Source
| Journal of Political Economy | 1 |
Author
| Hart, Oliver | 1 |
| Moore, John | 1 |
Publication Type
| Journal Articles | 1 |
| Numerical/Quantitative Data | 1 |
| Reports - Evaluative | 1 |
Education Level
Audience
Location
Laws, Policies, & Programs
Assessments and Surveys
What Works Clearinghouse Rating
Peer reviewedHart, Oliver; Moore, John – Journal of Political Economy, 2005
We consider an economy that has to decide how assets are to be used. Agents have ideas, but these ideas conflict. We suppose that decision-making authority is determined by hierarchy: each asset has a chain of command, and the most senior person with an idea exercises authority. We analyze the optimal hierarchical structure given that some agents…
Descriptors: Administrative Organization, Money Management, Vertical Organization, Coordination
