Theories of Firms and Organizations
Friday, April 5, 2002

Jacques Crémer

IDFEI, Toulouse U.

Jacques Crémer

Theories of Hierarchies

Abstract

We will survey very briefly the questions that arise when studying the hierarchies in organizations: why do they exist? what constraints do they impose on the functioning of organizations? We will then discuss briefly two recent contributions, one dealing with the benefits of hierarchies in a team theoretical model of allocation of tasks, one with incentives in hierarchies.