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Monk business: An example of the dynamics of organizations


  • Luis Corchón



In this paper we present a dynamic model of an organization. It is shown that the quality of the members of the organization may cycle and that even if the organization promotes excellency, the organization may end up populated by mediocre agents only.
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  • Luis Corchón, 2005. "Monk business: An example of the dynamics of organizations," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 24(3), pages 543-556, June.
  • Handle: RePEc:spr:sochwe:v:24:y:2005:i:3:p:543-556
    DOI: 10.1007/s00355-004-0316-4

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    References listed on IDEAS

    1. Basile, Achille & Graziano, Maria Gabriella, 2001. "On the edgeworth's conjecture in finitely additive economies with restricted coalitions," Journal of Mathematical Economics, Elsevier, vol. 36(3), pages 219-240, December.
    2. Diamantaras, Dimitrios & Gilles, Robert P, 1996. "The Pure Theory of Public Goods: Efficiency, Dencentralization, and the Core," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 37(4), pages 851-860, November.
    3. Diamantaras, Dimitrios & Gilles, Robert P & Scotchmer, Suzanne, 1996. "Decentralization of Pareto Optima in Economies with Public Projects, Nonessential Private Goods and Convex Costs," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 8(3), pages 555-564, October.
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    1. repec:spr:sochwe:v:49:y:2017:i:3:d:10.1007_s00355-016-0989-5 is not listed on IDEAS

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