Toward an Economic Theory of Leadership: Leading by Example
AbstractThis 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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Bibliographic InfoPaper provided by EconWPA in its series Microeconomics with number 9612002.
Length: 38 pages
Date of creation: 14 Jan 1997
Date of revision:
Note: Type of Document - Postscript; prepared on IBM PC; to print on Postscript; pages: 38 ; figures: none
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Other versions of this item:
- Hermalin, Benjamin E, 1998. "Toward an Economic Theory of Leadership: Leading by Example," American Economic Review, American Economic Association, vol. 88(5), pages 1188-1206, December.
- Ben Hermalin, 1996. "Toward an Economic Theory of Leadership: Leading by Example," Working Papers _006, University of California at Berkeley, Haas School of Business.
- D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
- D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
- D29 - Microeconomics - - Production and Organizations - - - Other
- L29 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Other
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