Competence and contract in the theory of the firm

Article Abstract:

The limits to the usefulness of managing the company as an alternative organizational form to the market can be developed, despite claims of some that this approach provides a general all-encompassing theory of the firm. Some complex activities are non-contractible in principle, particularly those whose aim cannot be well determined beforehand, and that need experimental and flexible schemes of coordination.

Organizational Methods NEC, Analysis, Management, Learning, Technology, Organizational change, Organization

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A comment on indentured servitude: in response to Kritikos and Bolle - February 15th, 1998

Article Abstract:

Research indicating that indenturing may permit stable cooperation to emerge between a principal and an agent in certain circumstances is discussed. It is argued that indenture is not viable in the absence of reputation or iterated play.

Research, Indentured servants

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