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The time and budget constraints of the firm

Author

Listed:
  • Mathias Dewatripont
  • Patrick Bolton

Abstract

This short paper surveys some recent research on the internal organization of firms, with an emphasis on task allocation and synchronization. It focuses on an organization facing no incentive problems but time constraints and costs of communication. It highlights two motives for communication: concern for delay and concern for throughput. It also considers the interaction between the time and budget constraints of the firm and its implication for organization design. © 1995.

Suggested Citation

  • Mathias Dewatripont & Patrick Bolton, 1995. "The time and budget constraints of the firm," ULB Institutional Repository 2013/9601, ULB -- Universite Libre de Bruxelles.
    • Handle: RePEc:ulb:ulbeco:2013/9601
    Note: SCOPUS: ar.j
    as

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    References listed on IDEAS

    as
    1. Patrick Bolton & Mathias Dewatripont, 1994. "The Firm as a Communication Network," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 109(4), pages 809-839.
    2. Van Zandt, Timothy, 1995. "Hierarchical computation of the resource allocation problem," European Economic Review, Elsevier, vol. 39(3-4), pages 700-708, April.
    3. Radner, Roy, 1993. "The Organization of Decentralized Information Processing," Econometrica, Econometric Society, vol. 61(5), pages 1109-1146, September.
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    Cited by:

    1. Park, Hyun, 2020. "Indeterminate equilibrium growth with product and R&D spillovers," Economic Modelling, Elsevier, vol. 86(C), pages 286-298.
    2. Abernethy, M. & Bouwens, J.F.M.G. & van Lent, L.A.G.M., 2001. "Decentralization, Interdependence and Performance Measurement System Design : Sequences and Priorities," Other publications TiSEM 0f4bc851-e3d0-4322-a5d5-0, Tilburg University, School of Economics and Management.
    3. Zhao, Guo, 2014. "Dynamic Production Theory under No-arbitrage Constraints," MPRA Paper 65166, University Library of Munich, Germany.
    4. Abernethy, M. & Bouwens, J.F.M.G. & van Lent, L.A.G.M., 2001. "Decentralization, Interdependence and Performance Measurement System Design : Sequences and Priorities," Discussion Paper 2001-28, Tilburg University, Center for Economic Research.

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