Luigi Zingales Blogging on EconLog
| Peter Klein | Luigi Zingales, an important contributor to organizational economics as well as finance and macroeconomics, and frequently cited here at O&M, is guest blogging at EconLog. I’m...
View ArticleA New Approach to Multitask Agency Problems
| Peter Klein | The standard approach to multiask agency problems is to recognize that, if the output of some tasks is more easily measured than the output of other tasks, than others, then piece-rate...
View ArticleBook Seminar: Institutional Foundations of Impersonal Exchange: The Theory...
| Lasse Lien | Very shortly O&M will host a Virtual Seminar on former guest blogger Benito Arruñada’s important new book, Institutional Foundations of Impersonal Exchange: The Theory and Policy of...
View ArticleBehavioral Agency Theory
| Nicolai Foss | Kathleen Eisenhardt’s 1989 Academy of Management Review paper is likely still the first, but hopefully not the last, exposure many management scholars have to agency theory. The paper...
View ArticleA Paper You Might Want to Read
| Lasse Lien | Here’s a link to the “online first” version of a new Org. Science paper by Peter and myself. This one has been in the pipeline for some time, and we’ve blogged about the WP version...
View ArticleThe Perfect Christmas Tree
| Peter Klein | Looking for the perfect holiday gift for that special someone? Lots of friends and family on your Nice List? Get them a book from your favorite O&M authors. If you really want to...
View ArticleReview Paper on Prospect Theory
| Peter Klein | We haven’t been entirely kind to behavioral economics, but we certainly recognize its importance, and have urged our colleagues to keep up with the latest arguments and findings. A new...
View ArticleArrunada Seminar: Grand Opening
| Lasse Lien | Today we are proud to launch a virtual seminar over Benito Arruñada’s important new book: Institutional Foundations of Impersonal Exchange: Theory and Policy of Contractual Registries...
View ArticleHandbook of Organizational Economics
| Peter Klein | It’s edited by Bob Gibbons and John Roberts, just published by Princeton, and you can read about it here, including the table of contents and the introduction. As Gibbons and Roberts...
View ArticleNew Review Paper on Multinational Firms
| Peter Klein | The econ and strategy literatures on multinational firms have grown dramatically since the pioneering works of Caves, Casson, Teece, and others. Besides established journals like the...
View ArticleIncomplete Contracts and the Internal Organization of Firms
| Peter Klein | That’s the title of a new NBER paper by Philippe Aghion, Nicholas Bloom, and John Van Reenen, indicating that organization design, from the perspective of incomplete-contracting theory,...
View ArticleAMP Symposium on Private Equity
| Peter Klein | The new issue of the Academy of Management Perspectives features a symposium, edited by Mike Wright, on “Private Equity: Managerial and Policy Implications.” The symposium includes...
View ArticleHart on Incomplete Contracts
| Peter Klein | Transaction cost economics, the property-rights approach to the firm, and the judgment-based view all assume that contracting parties cannot sign complete, contingent contracts, in...
View ArticleClusters of Entrepreneurship and Innovation
| Peter Klein | That’s the title of a new review paper by Aaron Chatterji, Ed Glaeser, and William Kerr (a gated NBER working paper, unfortunately). Agglomeration has been a huge issue in the...
View ArticleAdvice to Journal Editors
| Peter Klein | The Story of French, a fun and interesting history of the French language by Jean-Benoit Nadeau and Julie Barlow, offers a number of valuable insights for writers and editors. Aspiring...
View ArticleMokyr on Cultural Entrepreneurship
| Peter Klein | I am wary of adding yet another conceptual margin for entrepreneurial action but I highly recommend a new (and for the moment, ungated) paper in the Scandinavian Economic History Review...
View ArticleOrganizational Learning without Markets
| Peter Klein | A really interesting NBER paper from Thomas Triebs and Justin Tumlinson confirms what you may suspect, that firms operating outside the market system — in this case, in the former East...
View ArticleTwenty Years of IJEB
| Nicolai Foss | “IJEB” is the International Journal of the Economics of Business. The inaugural issue contained a veritable who-is-who in the management/economics intersection, and the journal has...
View ArticleNBER Papers of Interest
| Peter Klein | Three recent NBER papers on compensation, performance, and productivity: Compensation Matters: Incentives for Multitasking in a Law Firm Ann Bartel, Brianna Cardiff-Hicks, Kathryn Shaw...
View ArticleDavenport’s Theory of Enterprise
| Peter Klein | Kudos to Richard Ebeling for a nice piece on Herbert J. Davenport, one of the most American economists of the early twentieth century, mostly forgotten today. (One exception: Daveport...
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