Toward an Economic Theory of Leadership: Leading by Example

Benjamin Hermalin ()

Microeconomics from EconWPA

Abstract: This paper explores leadership within organizations. Leadership is distinct from authority because following a leader is a voluntary rather than coerced activity of the followers. This paper considers how a leader induces rational followers to follow her in situations when the leader has incentives to mislead her followers.

Keywords: leadership (search for similar items in EconPapers)
JEL-codes: D23 D21 D29 L29 (search for similar items in EconPapers)
Date: 1997-01-14
Note: Type of Document - Postscript; prepared on IBM PC; to print on Postscript; pages: 38 ; figures: none

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Related works:
Working Paper: Toward an Economic Theory of Leadership: Leading by Example (1996)
Journal Article: Toward an Economic Theory of Leadership: Leading by Example (1998)
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpmi:9612002

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