Ex Post and Ex Ante Coordination: Principles of Coherence in Organizations and Markets

This file is part of IDEAS, which uses RePEc data

Ex Post and Ex Ante Coordination: Principles of Coherence in Organizations and Markets

Author Info

David Cayla () (ATOM - Analyse Théorique des Organisations et des Marchés - Université Panthéon-Sorbonne - Paris I)

Additional information is available for the following registered author(s):

David Cayla

Abstract

In the traditional trade-off between internalization and externalization, economists tend to undervalue the role of intentionality (Williamson 1991) and to accord a dominant place to market coordinating devices (ex post coordination) compared to hierarchical coordinating devices (ex ante coordination). The aim of this paper is to show how the introduction of the concept of coherence, which is frequently invoked by economists in order to apprehend the firm specificities (Holmstrom 1999), may help to revaluate the trade-off between markets and firms in the advantage of the later. In particular, it will be shown that the attributes of coherence in ex post coordinating devices are fundamentally different from the ones that can be found in ex ante coordination systems.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

Publisher Info
Paper provided by HAL in its series Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) with number halshs-00110810_v1.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length:
Date of creation: Jun 2006
Date of revision:
Publication status: Published, Journal of Economic Issues, 2006, 40, 2, 325-332
Handle: RePEc:hal:cesptp:halshs-00110810_v1

Note: View the original document on HAL open archive server: http://halshs.archives-ouvertes.fr/halshs-00110810/en/
Contact details of provider:
Web page: http://hal.archives-ouvertes.fr/

For technical questions regarding this item, or to correct its listing, contact: (CCSD).

Other versions of this item:

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

Williamson, Oliver E, 1991. "Economic Institutions: Spontaneous and Intentional Governance," Journal of Law, Economics and Organization, Oxford University Press, vol. 7(0), pages 159-87, Special I.
Patrick Cohendet & Patrick Llerena, 2003. "Routines and incentives: the role of communities in the firm," Industrial and Corporate Change, Oxford University Press, vol. 12(2), pages 271-297, April.
Richard N. Langlois & Nicolai J. Foss, 1997. "Capabilities and Governance the Rebirth of Production in the Theory of Economic Organization," DRUID Working Papers 97-2, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies. [Downloadable!]
Other versions:
- Richard N. Langlois & Nicolai J. Foss, 1996. "Capabilities and Governance the Rebirth of Production in the Theory of Economic Organization," Working papers 1996-02, University of Connecticut, Department of Economics. [Downloadable!]
- Langlois, Richard N & Foss, Nicolai J, 1999. "Capabilities and Governance: The Rebirth of Production in the Theory of Economic Organization," Kyklos, Blackwell Publishing, vol. 52(2), pages 201-18.
Richard N. Langlois, 1994. "Do Firms Plan?," Industrial Organization 9406002, EconWPA. [Downloadable!]

Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

Wolfram Elsner, 2007. "Why Meso? On “Aggregation” and “Emergence”, and Why and How the Meso Level is Essential in Social Economics," Forum for Social Economics, Springer, vol. 36(1), pages 1-16, April. [Downloadable!] (restricted)

Statistics

Access and download statistics

Did you know? Apart from a small start up grant in the 1990's, RePEc has received no funding and lives on the help of volunteers.

This page was last updated on 2009-12-16.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.