Organizational Fixed Costs and Organizational Structure

Benjamin Hermalin

Industrial Organization from University Library of Munich, Germany

Abstract: This paper shows how fixed costs can play an important role in determining the structure of organizations. Applications considered include layoffs, downsizing, heterogeneity among firms, and the structure of hierarchies. Agency problems as a source of fixed costs are also considered.

Keywords: fixed costs; organizational structure (search for similar items in EconPapers)
JEL-codes: D21 D23 L2 (search for similar items in EconPapers)
Pages: 22 pages
Date: 1996-10-31
Note: Type of Document - Postscript/PDF; prepared on IBM PC ; to print on Postscript/Any; pages: 22 ; figures: included
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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpio:9610002

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