Monk business: an example of the dynamics of organizations

Luis Corchon

UC3M Working papers. Economics from Universidad Carlos III de Madrid. Departamento de Economía

Abstract: In this paper we present a dynamic model of an organization. It is shown that the quality of the members of the organization may cycle and that even if the organization promotes excellency, the organization may end up populated by mediocre agents only.

Keywords: Overlapping; generations; Quanty; organization (search for similar items in EconPapers)
Date: 2000-11
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Journal Article: Monk business: An example of the dynamics of organizations (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:cte:werepe:7275

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