McAfee, R. Preston and McMillan, John (1995) Organizational Diseconomies of scale. Journal of Economics and Management Strategy, 4 (3). pp. 399-426. ISSN 1058-6407. doi:10.1111/j.1430-9134.1995.00399.x. https://resolver.caltech.edu/CaltechAUTHORS:20170906-142105421
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Abstract
Private information creates a cost of operating a hierarchy, which becomes larger as the hierarchical distance between the information source and the decision maker increases. When information about a firm's capabilities is dispersed among the individuals in the firm, production is inefficient even though everyone behaves rationally. Because hierarchies need rents in order to function, a firm with a long hierarchy may not be viable in a competitive industry.
| Item Type: | Article | ||||||||||||
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| Additional Information: | © 1995 Wiley. | ||||||||||||
| Issue or Number: | 3 | ||||||||||||
| DOI: | 10.1111/j.1430-9134.1995.00399.x | ||||||||||||
| Record Number: | CaltechAUTHORS:20170906-142105421 | ||||||||||||
| Persistent URL: | https://resolver.caltech.edu/CaltechAUTHORS:20170906-142105421 | ||||||||||||
| Official Citation: | McAfee, R. P. and McMillan, J. (1995), Organizational Diseconomies of scale. Journal of Economics & Management Strategy, 4: 399–426. doi:10.1111/j.1430-9134.1995.00399.x | ||||||||||||
| Usage Policy: | No commercial reproduction, distribution, display or performance rights in this work are provided. | ||||||||||||
| ID Code: | 81200 | ||||||||||||
| Collection: | CaltechAUTHORS | ||||||||||||
| Deposited By: | Tony Diaz | ||||||||||||
| Deposited On: | 06 Sep 2017 21:31 | ||||||||||||
| Last Modified: | 15 Nov 2021 19:41 |
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