2020-2021

11月5日 (木): 16:30-18:00 (@zoom)

発表者: 定兼仁 (京都大学経済学研究所)

タイトル: Diversification and Decentralization (joint with Ming Li)

概要 : We investigate how the communication protocols available in an organization impact its choice between centralization and decentralization. We also consider two types of coordination–standardization and diversification. We show that if each division can commit to a communication device á la Kamenica and Gentzkow (2011), then need for coordination would dictate centralization, regardless of whether coordination takes the form of standardization or diversification. However, if a division has a bias towards inertia, diversification will possibly require decentralization.