Please use this identifier to cite or link to this item: http://scholarbank.nus.edu.sg/handle/10635/44797
Title: First-mover advantage and organizational structure
Authors: Koh, W.T.H. 
Issue Date: 1993
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
URI: http://scholarbank.nus.edu.sg/handle/10635/44797
ISSN: 01651765
Appears in Collections:Staff Publications

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