Microeconomic foundations of decentralised organisations

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

In this paper, we analyse how decentralised digital infrastructures can provide a fundamental change in the structure and dynamics of organisations. The works of R.H. Coase and M. Olson, on the nature of the firm and the logic of collective action, respectively, are revisited under the light of these emerging new digital foundations. This study proposes a novel analysis of how these instruments can affect the fundamental assumption on the role of organisations, either private or public, as a mechanism for the coordination of labour. We propose that these technologies can fundamentally affect: (i) the distribution of rewards within an organisation and (ii) the structure of its transaction costs. These changes bring the potential for addressing some of the trade-offs between the private and public sectors.

Bibliographical metadata

Original languageEnglish
Title of host publicationProceedings of the 36th Annual ACM Symposium on Applied Computing, SAC 2021
PublisherACM Digital Library
Pages282-290
Number of pages9
ISBN (Electronic)9781450381048
ISBN (Print)9781450381048, 9781450381048
DOIs
Publication statusPublished - 22 Mar 2021

Publication series

NameProceedings of the ACM Symposium on Applied Computing