28 November 2012 at 11:58 pm Peter G. Klein 2 comments
| Peter Klein |
Speaking of agency theory, today’s Dilbert deals with multitasking and, as usual, gets the problem exactly right:
Entry filed under: - Klein -, Management Theory, Strategic Management.
Trackback this post | Subscribe to the comments via RSS Feed
Nicolai J. Foss and Peter G. Klein, Organizing Entrepreneurial Judgment: A New Approach to the Firm (Cambridge University Press, 2012).
Peter G. Klein and Micheal E. Sykuta, eds., The Elgar Companion to Transaction Cost Economics (Edward Elgar, 2010).
Peter G. Klein, The Capitalist and the Entrepreneur: Essays on Organizations and Markets (Mises Institute, 2010).
Richard N. Langlois, The Dynamics of Industrial Capitalism: Schumpeter, Chandler, and the New Economy (Routledge, 2007).
Nicolai J. Foss, Strategy, Economic Organization, and the Knowledge Economy: The Coordination of Firms and Resources (Oxford University Press, 2005).
Raghu Garud, Arun Kumaraswamy, and Richard N. Langlois, eds., Managing in the Modular Age: Architectures, Networks and Organizations (Blackwell, 2003).
Nicolai J. Foss and Peter G. Klein, eds., Entrepreneurship and the Firm: Austrian Perspectives on Economic Organization (Elgar, 2002).
Organizations and Markets 
1.
David Croson (@ProfDC) | 29 November 2012 at 11:16 am
Now THIS is a keeper. It captures the idea that specifying uncompensated tasks is pointless (e.g., there’s no point in attaching a second page, saying “here is a long list of things that I expect you to do, but on which you won’t be compensated) and also incorporates the idea of future tasks (the assignment of which is the employer’s privilege, a la Simon) that can be ignored as well when they arise.
Has something been written about explicit compensation structures hamstringing the employer’s option to assign new tasks as they arise? Obviously this inflexibility is an issue in contract theory, but has there been an organizational treatment of the reduction in value of the boss’s authority?
2.
Peter Klein | 29 November 2012 at 11:45 am
Great question, nothing comes to mind. Readers, any suggestions?