Division of labor, organizational coordination and market mechanisms in collective problem-solving
نویسندگان
چکیده
منابع مشابه
Division of labor, organizational coordination and market mechanisms in collective problem-solving
This paper builds upon a view of economic organizations as problem-solving arrangements and presents a simple model of adaptive problem-solving driven by trial-and-error learning and collective selection. Institutional structures and, in particular, their degree of decentralization, determine which solutions are tried out and undergo selection. It is shown that if the design problem at hand is ...
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This paper builds upon a view of economic organizations as problemsolving arrangements and presents a simple model of adaptive problemsolving driven by trial-and-error learning and collective selection. Institutional structures, and in particular their degree of decentralization, determines which solutions are tried out and undergo selection. It is shown that if the design problem at hand is “c...
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ژورنال
عنوان ژورنال: Journal of Economic Behavior & Organization
سال: 2005
ISSN: 0167-2681
DOI: 10.1016/j.jebo.2004.03.020