格致经济论坛第三十八期:Rules As Reference Points In Organizations

发布者:商学院办公室     时间:2017-12-07

报告题目:Rules As Reference Points In Organizations

报告人:蒋士成

报告时间:2017年12月8日(周五) 上午10:30-12:00

报告地点:老图书馆104

报告部门:商学院经济学系

主持人:杨剑侠

报告内容摘要:

Rules in organizations may be rigid or flexible. What are the benefits and costs of the rigid and flexible rules? Flexible rules allowing more discretion for agents may bring about more motivations for innovations. Rigid rules could improve ex-post efficiencies by reducing shading cost when agents have different reference points according to the rules. We introduce the theory of “contracts as reference points” into organizations and explain why large firms or organizations tend to formulate more rigid rules, and small businesses tend to develop flexible rules, and why small businesses usually provide agents with more motivations for innovations than large firms. This model also provides an explanation for the recently more popular organizations of innovative platforms.

 

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