Real-time decentralized information processing and returns to scale
نویسندگان
چکیده
منابع مشابه
Real-time decentralized information processing and returns to scale
We use a model of real-time decentralized information processing to understand how constraints on human information processing affect the returns to scale of organizations. We identify three informational (dis)economies of scale: diversification of heterogeneous risks (positive), sharing of information and of costs (positive), and crowding out of recent information due to information processing...
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ژورنال
عنوان ژورنال: Economic Theory
سال: 2001
ISSN: 0938-2259
DOI: 10.1007/pl00004119