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Organizational Fixed Costs and Organizational Structure

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Author Info

  • Benjamin E. Hermalin

    (University of California at Berkeley)

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.

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Bibliographic Info

Paper provided by EconWPA in its series Industrial Organization with number 9610002.

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Length: 22 pages
Date of creation: 31 Oct 1996
Date of revision:
Handle: RePEc:wpa:wuwpio:9610002

Note: Type of Document - Postscript/PDF; prepared on IBM PC ; to print on Postscript/Any; pages: 22 ; figures: included
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Web page: http://128.118.178.162

Related research

Keywords: fixed costs; organizational structure;

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