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Optimal Organization Size in a Stochastic Environment with Externalities

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Author Info
Bennett Levitan
Jose Lobo
Stuart Kauffman
Richard Schuler
Abstract

In this study, we explore the relationships among group size, the extent of interactions with other groups, and group performance in a stochastic environment. We have developed a modeling framework which allows the connections among the individual members constituting a group and the connections between groups (externalities) to be tuned independently. The search for improved group configurations is modeled as a random walk on a space of possible configurations whereby agents in a group periodically have the opportunity to accept or reject random changes in their characteristics. By controlling which groups have externalities with which other groups, we can manipulate the topology of the problem---the web of interactions within and between groups. We present numerical results showing that optimal group size relates to the magnitude of externalities and the length of the search period. Our main result suggests that for short search periods, large organizations perform best, while for longer time horizons, the advantage accrues to small sized groups with a small number of (but not no) externalities. However, over these long time horizons, as the extent of externalities increases, modest increases in group size enhances performance. Under all circumstances, organizations that perform best border on a regime of chaotic behavior. The results have applications at both the micro-scale for the size and structure of production units and at the macro-level for understanding the relationships between groups and communities in a hierarchy of market networks.

Submitted to Organization Science.

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Paper provided by Santa Fe Institute in its series Working Papers with number 99-04-024.

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Date of creation: Apr 1999
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Handle: RePEc:wop:safiwp:99-04-024

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Keywords: Optimal group size externalities stochastic environment group search

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  1. Scarf, Herbert E, 1981. "Production Sets with Indivisibilities-Part I: Generalities," Econometrica, Econometric Society, vol. 49(1), pages 1-32, January. [Downloadable!] (restricted)
  2. Levinthal, Daniel & March, James G., 1981. "A model of adaptive organizational search," Journal of Economic Behavior & Organization, Elsevier, vol. 2(4), pages 307-333, December. [Downloadable!] (restricted)
  3. Herbert E. Scarf, 1994. "The Allocation of Resources in the Presence of Indivisibilities," Cowles Foundation Discussion Papers 1068, Cowles Foundation, Yale University. [Downloadable!]
    Other versions:
  4. Martin N. Baily & Eric J. Bartelsman & John Haltiwanger, 1994. "Downsizing and productivity growth: myth or reality?," Finance and Economics Discussion Series 94-7, Board of Governors of the Federal Reserve System (U.S.).
    Other versions:
  5. Stuart Kauffman & William G. Macready & Emily Dickinson, 1994. "Divide to Coordinate: Coevolutionary Problem Solving," Working Papers 94-06-031, Santa Fe Institute.
  6. Philip Auerswald & Stuart Kauffman & Jose Lobo & Karl Shell, 1998. "The Production Recipes Approach to Modeling Technological Innovation: An Application to Learning By Doing," Working Papers 98-11-100, Santa Fe Institute.
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  7. Hansen, John A, 1992. " Innovation, Firm Size, and Firm Age," Small Business Economics, Springer, vol. 4(1), pages 37-44, March.
  8. Acs, Zoltan J & Audretsch, David B, 1988. "Innovation in Large and Small Firms: An Empirical Analysis," American Economic Review, American Economic Association, vol. 78(4), pages 678-90, September. [Downloadable!] (restricted)
  9. Scarf, Herbert E, 1981. "Production Sets with Indivisibilities-Part II: The Case of Two Activities," Econometrica, Econometric Society, vol. 49(2), pages 395-423, March. [Downloadable!] (restricted)
  10. Steven Klepper & Elizabeth Graddy, 1990. "The Evolution of New Industries and the Determinants of Market Structure," RAND Journal of Economics, The RAND Corporation, vol. 21(1), pages 27-44, Spring. [Downloadable!] (restricted)
  11. Herriott, Scott R & Levinthal, Daniel & March, James G, 1985. "Learning from Experience in Organizations," American Economic Review, American Economic Association, vol. 75(2), pages 298-302, May. [Downloadable!] (restricted)
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