Dynamic coordination failures and the efficiency of the firm

Sanjeev Goyal; Maarten C.W. Janssen

doi:10.1016/0167-2681(95)00033-X

Dynamic coordination failures and the efficiency of the firm

Sanjeev Goyal, Maarten C.W. Janssen

Economics

Research output: Contribution to journal › Article › peer-review

Abstract

This paper examines the role of coordination devices such as work norms in creating and sustaining inefficient organizational practices in firms, in a dynamic environment. The role of signalling norms and product market competition in alleviating such inefficiencies is also examined. In particular, we show that Cournot competition may increase the inefficiency of organizational practices.

Original language	English (US)
Pages (from-to)	223-239
Number of pages	17
Journal	Journal of Economic Behavior and Organization
Volume	28
Issue number	2
DOIs	https://doi.org/10.1016/0167-2681(95)00033-X
State	Published - Oct 1995

Keywords

Coordination games
Incentive schemes
Organizational slack
Signalling

ASJC Scopus subject areas

Economics and Econometrics
Organizational Behavior and Human Resource Management

Access to Document

10.1016/0167-2681(95)00033-X

Cite this

@article{e4961ef5a25d485fba1c9cca8ed770d8,

title = "Dynamic coordination failures and the efficiency of the firm",

abstract = "This paper examines the role of coordination devices such as work norms in creating and sustaining inefficient organizational practices in firms, in a dynamic environment. The role of signalling norms and product market competition in alleviating such inefficiencies is also examined. In particular, we show that Cournot competition may increase the inefficiency of organizational practices.",

keywords = "Coordination games, Incentive schemes, Organizational slack, Signalling",

author = "Sanjeev Goyal and Janssen, {Maarten C.W.}",

year = "1995",

month = oct,

doi = "10.1016/0167-2681(95)00033-X",

language = "English (US)",

volume = "28",

pages = "223--239",

journal = "Journal of Economic Behavior and Organization",

issn = "0167-2681",

publisher = "Elsevier B.V.",

number = "2",

}

TY - JOUR

T1 - Dynamic coordination failures and the efficiency of the firm

AU - Goyal, Sanjeev

AU - Janssen, Maarten C.W.

PY - 1995/10

Y1 - 1995/10

N2 - This paper examines the role of coordination devices such as work norms in creating and sustaining inefficient organizational practices in firms, in a dynamic environment. The role of signalling norms and product market competition in alleviating such inefficiencies is also examined. In particular, we show that Cournot competition may increase the inefficiency of organizational practices.

AB - This paper examines the role of coordination devices such as work norms in creating and sustaining inefficient organizational practices in firms, in a dynamic environment. The role of signalling norms and product market competition in alleviating such inefficiencies is also examined. In particular, we show that Cournot competition may increase the inefficiency of organizational practices.

KW - Coordination games

KW - Incentive schemes

KW - Organizational slack

KW - Signalling

UR - http://www.scopus.com/inward/record.url?scp=0011613313&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=0011613313&partnerID=8YFLogxK

U2 - 10.1016/0167-2681(95)00033-X

DO - 10.1016/0167-2681(95)00033-X

M3 - Article

AN - SCOPUS:0011613313

SN - 0167-2681

VL - 28

SP - 223

EP - 239

JO - Journal of Economic Behavior and Organization

JF - Journal of Economic Behavior and Organization

IS - 2

ER -

Dynamic coordination failures and the efficiency of the firm

Abstract

Keywords

ASJC Scopus subject areas

Access to Document

Other files and links

Fingerprint

Cite this