5. SUPERORGANIZATIONS
We now turn to the analysis of decision making in superorganizations. The superorganizations that we will study in this section consist of a central organization coordinating one or more of their member firms’ activities (output, prices, quality, wages, working conditions). At one extreme, they may exercise hierarchic power over these constituents; at the other, they may act as an association in no way limiting their autonomy, except insofar as members may have bound themselves to certain actions or policies.
Macro-coordination in a superorganization is achieved when aggregate constraints are satisfied (e.g. the aggregate amount of a good supplied by all the firms in the superorganization equals the aggregate ...
Get Comparative Economics now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
