Browsing Departments by Title
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Ghiglino, Christian; Tvede, Mich (København, 1999)[More information][Less information]
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Sørensen, Anders (København, 2006)[More information][Less information]
Abstract: Welfare ranking of policy instruments is addressed in a two-sector Ramsey model with monopoly pricing in one sector as the only distortion. When government spending is restricted, i.e. when a government is unable or unwilling to finance the required costs for implementing the optimum policy, subsidies that directly affect investment incentives may generate higher welfare effects than the direct instrument, which is a production subsidy. The driving mechanism is that an investment subsidy may be more cost effective than the direct instrument; and that the relative welfare gain from cost effectiveness can exceed the welfare loss from introducing new distortions. Moreover, it is found that the investment subsidy is gradually phased out of the welfare maximizing policy, which may be a policy combining the two subsidies, when the level of government spending is increased. Keywords: welfare ranking, indirect and direct policy instruments, restricted government spending JEL: E61, O21, O41 URI: http://hdl.handle.net/10398/7581 Files in this item: 1
wp8-2006.pdf (362.5Kb) -
Lando, Henrik (København, 2000)[More information][Less information]
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Lando, Henrik (København, 2008)[More information][Less information]
Abstract: When a court sets standards of due care in a tort or contract case with a view to how the standards will affect future behavior of parties similar to the litigants, it should sometimes realize that only one of the two future parties is likely to become informed of the standards. The standards can then only have a direct effect on the behavior of the informed party, and it may be thought that the court should hold the informed party strictly liable, which maximizes this effect. However, this ignores that the informed party may, although strictly liable, lower her level of care in order to induce the uninformed party to take greater care. In this situation, the negligence rule may do better than strict liability, since the discontinuity of the negligence rule can prevent the informed party from strategically lowering her level of care. Under the negligence rule, optimal standards are sensitive to whether the informed party acts first and to whether she is the injurer or the victim. For both the informed and the uninformed, there are circumstances in which the standard should be higher than first best and other circumstances where it should be lower. URI: http://hdl.handle.net/10398/7221 Files in this item: 1
wp01-2008.pdf (121.8Kb) -
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URI: http://hdl.handle.net/10398/6659 Files in this item: 1
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Blomgren-Hansen, Niels (København, 2008)[More information][Less information]
Abstract: In most countries labor is organzed in cooperating skill-speci c unions rather than in industrial unions or separately bargaining skill-speci c unions. Within an extremely simple model of a small open economy facing imperfect competition we show that this way of organizing labor can be explained as the outcome of rational (optimizing) behavior on the part of the unions and the employers. Organizing labor in local industrial cartels (regardless of skill) or a single economy wide cartel results in a real wage level that is inappropriately low both from the point of view of labor and the society as a whole unless labor has close to monopoly power in the wage setting process. Organizing labor in local or economy wide skill-speci c unions may result in a wage level that is too high. In addition, a labor market organized in non-cooperating unions is likely to be unstable. This dilemma calls for a compromise: A cartel of cooperating, independent skill-speci c unions. The degree and the form of the cooperation depend inter alia on the bargaining power of the employer, the number of skills and competing rms and the rigidity with which the unions enforce lines of demarcations. URI: http://hdl.handle.net/10398/7599 Files in this item: 1
wp3-2008.pdf (467.4Kb) -
Bechmann, Ken L.; Løchte Jørgensen, Peter (København, 2002)[More information][Less information]
URI: http://hdl.handle.net/10398/7183 Files in this item: 1
bechmann_optionsafloenning.pdf (212.5Kb) -
Busquets, Javier (Frederiksberg, 2010)[More information][Less information]
Abstract: This thesis is about innovation and power. Human nature has always been expressed by our capacity to innovate and adapt to almost any environment (Bowlby, 1962; Giddens, 1991). In the 20th century, the primary function of business organisations was to invent, produce and commercialise their products and services in different markets. As a matter of fact, business organisations in the last century proved to be the best way of disseminating innovation (Schön, 1971). Currently in the 21st century, there is a call to better understand how new ideas, technology and sources of knowledge are managed, based on the premise that novelty can unfold anywhere and that innovation cannot be considered a linear process consisting of a chain of activities. URI: http://hdl.handle.net/10398/8164 Files in this item: 1
Javier_Busquets.pdf (3.025Mb) -
la Cour, Anders (København, 2005)[More information][Less information]
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Two European Case StudiesVestergaard, Jakob (København, 2003)[More information][Less information]
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Gry Knudsen, Line; Bernhard Nielsen, Bo (København, 2008)[More information][Less information]
Abstract: Inter-organizational collaboration is an organizational form that is used by an increasing number of firms to meet a wide range of organizational aims (Hagedoorn 1996; 2002; Narula, 2004; Casson and Mol, 2006). Inter-organizational alliances are a preferred way of sourcing a variety of resources (Eisenhardt and Shonhoven, 1996; Gulati, 1999; Van de Ven and Walker, 1998), and a prominent view of the strategic alliance literature suggests that inter-firm collaboration has a special strength in serving as a mechanism by which a firm can leverage its skills, acquire new competencies, and learn (e.g. Kogut, 1989; Hamel, Doz, and Prahalad, 1989; Huber, 1991; Larsson, Bengtsson, Henriksson, and Sparks, 1998; Lyles, 1988; Powell and Brantley, 1992; Inkpen and Tsang, 2008). As firms collaborate at an increasing rate (Khanna et al, 1998) it becomes still more important to understand how these firms can be instrumental in organizing and governing the various collaborative knowledge processes that take place in alliances. URI: http://hdl.handle.net/10398/7416 Files in this item: 1
smg wp 2008-17.pdf (312.7Kb) -
Evaluating Clients’ Personality Traits in two Danish Rehabilitation OrganizationsMik-Meyer, Nanna (København, 2005)[More information][Less information]
Abstract: This paper explores how two Danish rehabilitation organizations textual guidelines for assessment of clients’ personality traits influence the actual evaluation of clients. The analysis will show how staff members produce institutional identities corresponding to organizational categories, which very often have little or no relevance for the clients evaluated. The goal of the article is to demonstrate how the institutional complex that frames the work of the organizations produces the client types pertaining to that organization. By applying the analytical strategy of institutional ethnography I elucidate how the two rehabilitation organizations local history, legislation, structural features of the present labour market and of social work result in a number of contradictions which make it difficult to deliver client-centred care. This exact goal is according to the staff one of the most important goals for ‘good’ social work. URI: http://hdl.handle.net/10398/6434 Files in this item: 1
wp14-2005.pdf (201.8Kb) -
Møller Larsen, Marcus (Frederiksberg, 2013)[More information][Less information]
Abstract: Offshoring can be defined as the relocation of organizational tasks and services to foreign locations. Increasingly, firms experience that unforeseen costs and difficulties of managing offshoring undercut anticipated benefits; that unexpected challenges of offshoring jeopardize and eventually undermine initial objectives. Guided by the research question—what are the organizational consequences of offshoring?—the purpose of this thesis is to investigate why some firms fail when offshoring and other do not. The thesis consists of four research papers using various datasets and methodologies that investigate offshoring in an organizational context. The first paper investigates how the complexity of offshoring leads to ‘hidden costs’ of implementing offshoring activities. The second paper looks at how these hidden reconfiguration costs influence the process performance of the offshored activity and how this relationship is moderated by the modularity of that activity. The third paper investigates the effect of the organizational reconfiguration of offshoring on firms’ strategies. The final paper studies different strategies of adaptation in offshoring. Taken together, this thesis argues that whether firms relocate activities with the purpose of accessing resources or as a response to political pressures, the process of offshoring presents firms with the challenge of coordinating and integrating offshoring activities in a global organization. The complexities and uncertainties of an organization consisting of a number of offshored activities (in contrast to an organization with only co-located activities) require firms to invest additional resources in coordination mechanisms so that an efficient reintegration can be achieved. URI: http://hdl.handle.net/10398/8669 Files in this item: 1
Marcus_M _Larsen.pdf (1.714Mb) -
A Research AgendaFoss, Nicolai J.; Argyres, Nicholas; Felin, Teppo; Zenger, Todd (Frederiksberg, 2012)[More information][Less information]
Abstract: For decades, the literatures on firm capabilities and organizational economics have been at odds with each other, specifically relative to explaining organizational boundaries and heterogeneity. We briefly trace the history of the relationship between the capabilities literature and organizational economics and point to the dominance of a “capabilities first” logic in this relationship. We argue that capabilities considerations are inherently intertwined with questions about organizational boundaries and internal organization, and use this point to respond to the prevalent “capabilities first” logic. We offer an integrative research agenda that focuses, first, on the governance of capabilities and, second, on the capability of governance. URI: http://hdl.handle.net/10398/8426 Files in this item: 1
Foss_SMGWP2012_1.pdf (780.0Kb) -
Foss, Nicolai J.; Klein, Peter G. (København, 2007)[More information][Less information]
Abstract: This chapter reviews and discusses rational-choice approaches to organizational governance. These approaches are found primarily in organizational economics (virtually no rational-choice organizational sociology exists), particularly in transaction cost economics, principal-agent theory, and the incomplete-contracts or property-rights approach. We distill the main unifying characteristics of these streams, survey each stream, and offer some critical commentary and suggestions for moving forward. URI: http://hdl.handle.net/10398/7438 Files in this item: 1
smg_wp_11.pdf (832.2Kb) -
Governance and control in research evaluationHansson, Finn (København, 2004)[More information][Less information]
Abstract: Organizations perform evaluations in order to demonstrate their trustworthiness to the outside world and to produce knowledge for use by the management of the organization. In the planning and application of specific evaluations in the organization, different participants or stakeholders very often disclose different, hidden or conflicting agendas. In recent years, the use of evaluations in organizations has grown rapidly and we have witnessed the rise of a new bureaucratic instrument in the realm of knowledge production in organizations, viz., internal evaluations. Such evaluations produce a set of data as part of the evaluation process and the long-term impact of this new systematically organised set of data on organizational activities are normally not taken seriously into consideration when the use of evaluations in organizations are discussed. Said differently, evaluations have become a major factor in the management of organizations, but the academic literature on internal evaluation very rarely discusses the impact of this instrument on the long term behaviour and activity of members of the organization. This lacuna in the literature persists despite the well known fact, established by numerous studies of organizational sociology, that people tend to adapt to external behavioural demands especially when related to power relations in the organization. keywords: research evaluation, governance, social control, publication counts. URI: http://hdl.handle.net/10398/6309 Files in this item: 1
wp14-2004.pdf (142.9Kb) -
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an Austrian viewSautes, Frédéric E.; Foss, Nicolai Juul (København, 1999)[More information][Less information]
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The Case of 'Making-or-Buying' ArticlesVang, Jan (København, 2003)[More information][Less information]
Abstract: In this paper the two canonical theories of the firm - transaction costs economics and the knowledge-based view of the firm – predictions on ‘make-or-buy’ are tested on the news industry. The news industry provides an interesting case on which to test the two theories since it is characterized by a high degree of urgency. Urgency refers to the need to catch and process inputs fast. A tendency that is becoming more widespread in other industries where the production cycle tends to be reduced. The test is don on original data on the newspaper industry collected by the author. The conclusions drawn are that that newspapers are organized differently than is predicted from the knowledge-based view of the firm and transaction cost economics. The newspapers do no specialize in core competencies measured in terms of topics covered. On the contrary, a precondition for outsourcing is well-developed competencies in house. The widespread use of integration cannot either be explained as a solution to hold up either, such as transaction cost economics predicts. The reason behind has to be sought in urgency. URI: http://hdl.handle.net/10398/7259 Files in this item: 1
03-13.pdf (345.4Kb) -
Foss, Nicilai J.; Klein, Peter G.; Linder, Stefan (Frederiksberg, 2013)[More information][Less information]
Abstract: Austrian economics focuses on markets, but has much to say about organizations. In particular, Austrian insights on the structure of production, the heterogeneity and subjectivity of resources, the nature of uncertainty, the role of monetary calculation, and the function of the entrepreneur provide solid foundations for a distinctly Austrian theory of organizations. We review these insights, discuss recent literature on Austrian economics and the theory of the firm, and suggest new directions for developing and extending an Austrian approach to organizations. URI: http://hdl.handle.net/10398/8692 Files in this item: 1
Foss_Klein_Linder_SMGWP2013.pdf (544.3Kb)