Real-Time Decentralized Information Processing and Returns to Scale
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References listed on IDEAS
- Thomas Marschak, 1996. "On economies of scope in communication," Review of Economic Design, Springer;Society for Economic Design, vol. 2(1), pages 1-31, December.
- Erik Brynjolfsson & Thomas W. Malone & Vijay Gurbaxani & Ajit Kambil, 1994.
"Does Information Technology Lead to Smaller Firms?,"
Management Science, INFORMS, vol. 40(12), pages 1628-1644, December.
- Erik J. Brynjolfsson & Thomas Malone & Vijay Gurbaxani & Ajit Kambil, 1991. "Does Information Technology Lead to Smaller Firms?," Working Paper Series 123, MIT Center for Coordination Science.
- Geanakoplos, John & Milgrom, Paul, 1991.
"A theory of hierarchies based on limited managerial attention,"
Journal of the Japanese and International Economies, Elsevier, vol. 5(3), pages 205-225, September.
- John Geanakoplos & Paul R. Milgrom, 1988. "A Theory of Hierarchies Based on Limited Managerial Attention," Cowles Foundation Discussion Papers 775R, Cowles Foundation for Research in Economics, Yale University.
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Keywords
returns to scale; real-time computation; decentralized information processing; organizations; bounded rationality;JEL classification:
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
- D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
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