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Title:Consistency in Organization PDF Logo
Authors:Schlicht, Ekkehart
Issue Date:2003
Series/Report no.:IZA Discussion paper series 718
Abstract:Recent thinking has emphasized the importance of consistency in a firm?s compensation policy. By starting from Williamson?s ideas about idiosyncratic exchange, this view can be supplied with some theoretical foundation. At the same time, the consistency view can be applied to a number of organizational issues. It sheds new light on some Williamsonian themes, like the boundaries of the firm or the attenuation of incentives within firms.
Subjects:theory of the firm
command
routines
centralization paradox
Williamson's puzzle
attenuation of incentives
JEL:J53
J33
L25
L22
Document Type:Working Paper
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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