Please use this identifier to cite or link to this item:
|Title:||First-mover advantage and organizational structure|
|Source:||Koh, W.T.H. (1993). First-mover advantage and organizational structure. Economics Letters 43 (1) : 47-52. ScholarBank@NUS Repository.|
|Abstract:||This paper looks at first-mover advantage and its effects on organizational structure and size. The framework is the project-selection model and the key assumption is that managers are fallible so that decision-making is imperfect. The analysis suggests that when there is a first-mover advantage, decentralized and smaller organizations, such as the polyarchy and the committee, are preferable since they are speedier in making decisions despite the reduced accuracy in selecting projects. © 1993.|
|Source Title:||Economics Letters|
|Appears in Collections:||Staff Publications|
Show full item record
Files in This Item:
There are no files associated with this item.
checked on Dec 8, 2017
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.