Andrew F Newman

The Value Principle in Management Practices

The value principle in organizational economics states that the net market value of the goods that a firm sells is a key determinant of its organizational design. We survey and …

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Patrick Legros

Come together: Firm boundaries and delegation

We jointly study firm boundaries and the allocation of decision rights within them by confronting an incomplete-contracts model with data on vertical integration and delegation for …

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The top-ten way to integrate high schools

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