The Limits of OrganizationNorton, 1974 - 86 páginas Monograph of lectures on the economics of resource allocation processes - examines the ethics and rationality of decision making, the role of pricing, and analyses alternative methods of achieving efficiency, etc., In government, in business organization and in various institutional frameworks. References. |
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achieving activities Adverse selection Agamemnon agenda of organizations agreements air pollution allocation argued authoritative behavior benefits better Bhagavad Gita capital capital accumulation cheaper choice civil disobedience collective action communication channels consensus considerable context contract coordination costly course created decision areas decision-making difficult disobedience distributive justice economic economist effects efficiency enforce ethical example experiments fact firm formal functions Hence impersonal authority implications important income increasing indi information channels information costs information theory interests internal irresponsible authority labor unions Limits of Organization lustrate means ment military monitoring obeyed one's optimal organiza particular point of view police pollution possible prior probabilities probability distribution problem production rationality received relation relevant risk-bearing role of authority rules sample sanctions scope sense signals simply situation social terminal acts theory thority tion transmit uncertainty value of authority value of responsibility vidual