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The time and budget constraints of the firm

Mathias Dewatripont () and Patrick Bolton

ULB Institutional Repository from ULB -- Universite Libre de Bruxelles

Abstract: This short paper surveys some recent research on the internal organization of firms, with an emphasis on task allocation and synchronization. It focuses on an organization facing no incentive problems but time constraints and costs of communication. It highlights two motives for communication: concern for delay and concern for throughput. It also considers the interaction between the time and budget constraints of the firm and its implication for organization design. © 1995.

Keywords: Budget constraints; Organization of firms; Time constraints (search for similar items in EconPapers)
Date: 1995
Note: SCOPUS: ar.j
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Published in: European Economic Review (1995) v.39,p.691-699

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