The Limits to Designed Orders

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The Limits to Designed Orders

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dc.contributor.author Foss, Kirsten en_US
dc.contributor.author Foss, Nicolai en_US
dc.date.accessioned 2009-02-04T10:26:39Z
dc.date.available 2009-02-04T10:26:39Z
dc.date.issued 2004-01-23T00:00:00Z en_US
dc.identifier.isbn 8791506077 en_US
dc.identifier.uri http://hdl.handle.net/10398/7291
dc.description.abstract We examine the argument, put forward by modern management writers and, in a somewhat different guise by Austrian economists, that authority is not a viable mechanism of coordination in the presence of "distributed knowledge" (which corresponds to Hayek’s treatment of the use of dispersed knowledge in society). We define authority and distributed knowledge and argue that authority is compatible with distributed knowledge. Moreover, it is not clear on theoretical grounds how distributed knowledge impacts on economic organization. An implication is that the Austrian argument that designed orders are strongly constrained by the Hayekian knowledge problem (Hayek, Kirzner, Sautet) is shaky. The positive flipside of this argument is that Austrians confront an exciting research agenda in theorizing how distributed knowledge impacts economic organization. en_US
dc.format.extent 24 s. en_US
dc.language eng en_US
dc.relation.ispartofseries CKG Working paper;2003-07 en_US
dc.subject.other austrian economics en_US
dc.subject.other videnledelse en_US
dc.subject.other centralisering-ledelse en_US
dc.subject.other distribuerede systemer en_US
dc.title The Limits to Designed Orders en_US
dc.type wp en_US
dc.accessionstatus modt04jan23 inrumo en_US
dc.contributor.corporation Copenhagen Business School. CBS en_US
dc.contributor.department Institut for Industriøkonomi og Virksomhedsstrategi en_US
dc.contributor.department Institut for Ledelse, Politik og Filosofi
dc.contributor.departmentshort IVS
dc.contributor.departmentshort LPF
dc.contributor.departmentuk Department of Industrial Economics & Strategy en_US
dc.contributor.departmentuk Department of Management, Politics and Philosophy
dc.contributor.departmentukshort IES
dc.contributor.departmentukshort MPP
dc.idnumber 8791506077 en_US
dc.publisher.city København en_US
dc.publisher.year 2003 en_US
dc.title.subtitle Authority under "Distributed Knowledge" en_US


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