Equilibrium, outcomes, and the economics of organization

Research output: Contribution to journalArticlepeer-review

Abstract

Most empirical work in the economics of organization consists of theory-testing exercises, where the theories under examination rely on optimality principles but not equilibrium. This paper discusses recent attempts to bring equilibrium analysis into the economics of organization, highlighting the types of research questions that researchers can investigate and the evidentiary and analytical inputs necessary in such approaches.

Original languageEnglish (US)
Pages (from-to)359-361
Number of pages3
JournalInternational Journal of Industrial Organization
Volume28
Issue number4
DOIs
StatePublished - Jul 2010

Keywords

  • Hierarchy
  • Inequality
  • Productivity
  • Structural

ASJC Scopus subject areas

  • Industrial relations
  • Aerospace Engineering
  • Economics and Econometrics
  • Economics, Econometrics and Finance (miscellaneous)
  • Strategy and Management
  • Industrial and Manufacturing Engineering

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