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Toward an Economic Theory of Leadership: Leading by Example

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Author Info
Benjamin E. Hermalin (University of California at Berkeley)

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Abstract

This paper explores leadership within organizations. Leadership is distinct from authority because following a leader is a voluntary rather than coerced activity of the followers. This paper considers how a leader induces rational followers to follow her in situations when the leader has incentives to mislead her followers.

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File URL: http://129.3.20.41/eps/mic/papers/9612/9612002.ps.gz
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File URL: http://129.3.20.41/eps/mic/papers/9612/9612002.pdf
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Publisher Info
Paper provided by EconWPA in its series Microeconomics with number 9612002.

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Length: 38 pages
Date of creation: 14 Jan 1997
Date of revision:
Handle: RePEc:wpa:wuwpmi:9612002

Note: Type of Document - Postscript; prepared on IBM PC; to print on Postscript; pages: 38 ; figures: none
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Web page: http://129.3.20.41

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Related research
Keywords: leadership;

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Find related papers by JEL classification:
D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
D21 - Microeconomics - - Production and Organizations - - - Firm Behavior
D29 - Microeconomics - - Production and Organizations - - - Other
L29 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Other

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This page was last updated on 2009-11-25.

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