The location of decision making

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Chapter 10 in Organization in the Economic Firm, 2021, pp 124-140 from Edward Elgar Publishing

Abstract: Chapter 10 demonstrates that the optimal level in the firm's pyramidal authority structure for any decision-making committee is biased away from the level on which the probability of correctness is highest and in a downward direction toward the shop floor.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2021
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