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Keyword: organisations;
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Oliver Hart and John Moore
We develop a model of hierarchies based on the allocation of authority. A firm's owners have ultimate authority over a firm's decisions, but they have limited time or capacity to exercise this authority. Hence owners mus...Read more...
October 1999
R. Hopkins and C.D. Scott
The purpose of this paper is to identify the organisational comparative advantage of NGOs, and to develop a model which explains the set of circumstances uder which they emerge and dominate other types of firms. It is ar...Read more...
May 1999