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A model of management teams

Eduardo Ley and Mark Steel ()

Managerial and Decision Economics, 1998, vol. 19, issue 6, 355-363

Abstract: We present a simple model of management teams where the time it takes to make decisions is related to the size of the committee. We characterize the situations where larger or smaller sizes of the management team are desirable depending on the covariance structure of the signals that the managers observe. © 1998 John Wiley & Sons, Ltd.

Date: 1998
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Working Paper: A Model of Management Teams (1995) Downloads
Working Paper: A Model of Management Teams (1995)
Working Paper: A model of management teams (1995) Downloads
Working Paper: A model of management teams (1995) Downloads
Working Paper: A Model of Management Teams (1995) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:wly:mgtdec:v:19:y:1998:i:6:p:355-363

DOI: 10.1002/(SICI)1099-1468(199809)19:6<355::AID-MDE903>3.0.CO;2-Y

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