Organizational Fixed Costs and Organizational Structure
This paper shows how fixed costs can play an important role in determining the structure of organizations. Applications considered include layoffs, downsizing, heterogeneity among firms, and the structure of hierarchies. Agency problems as a source of fixed costs are also considered.
|Date of creation:||31 Oct 1996|
|Date of revision:|
|Note:||Type of Document - Postscript/PDF; prepared on IBM PC ; to print on Postscript/Any; pages: 22 ; figures: included|
|Contact details of provider:|| Web page: http://econwpa.repec.org|
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