When does centralization undermine adaptation?

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D. O’Brien, Oliver E. Williamson · The Economic Journal · 1976 · 13.8K citations

Economics, Antitrust Exemption, Antitrust Policy +13

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Ownership Theory, Organizational Economics, Market Design +16

Property Rights and the Nature of the Firm

Oliver Hart, John Moore · Journal of Political Economy · 1990 · 5.4K citations · Full text

Administrative Behavior: A Study of Decision-Making Processes in Administrative Organization.

M. Craig Brown, Herbert A. Simon · Contemporary Sociology A Journal of Reviews · 1978 · 4.9K citations

Bureaucracy, Organizational Issue, Administrative Process +9

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Sudipto Bhattacharya, Paul Milgrom, John W. Roberts · The Journal of Finance · 1993 · 4.8K citations

Bureaucracy, Economics, Organizational Structure +14