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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Related works:
Working Paper: A Model of Management Teams (1995) 
Working Paper: A Model of Management Teams (1995)
Working Paper: A model of management teams (1995) 
Working Paper: A Model of Management Teams (1995) 
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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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