employment contracts, influence activities and efficient organization design
Efficient employment contracts usually fail to compensate workers for the effects of posthir ing events and decisions when changing jobs is costly. Then, when the re are executives and managers with authority to make discretionary decisions, affected employees will be led to waste valuable time tryi ng to influence their decisions. Efficient organization design coun-t ers this tendency by limiting the discretion of decision makers, espe cially for those decisions that have large distributional consequence s but that are otherwise of little consequence to the organization. Copyright 1988 by University of Chicago Press.
(This abstract was borrowed from another version of this item.)
|Date of creation:||13 May 1987|
|Date of revision:|
|Contact details of provider:|| Postal: F502 Haas, Berkeley CA 94720-1922|
Phone: (510) 642-1922
Fax: (510) 642-5018
Web page: http://www.escholarship.org/repec/iber_econ/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:cdl:econwp:qt6pf6c5j6. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Lisa Schiff)
If references are entirely missing, you can add them using this form.