Knowledge and internal organization

Article Abstract:

Paper examines the internal organization of a firm when worker and an entrepreneur differ in their knowledge. The study employs knowledge as an understanding into production possibilities rather than treating knowledge as observation. A simple model is used to frame the question 'who will be the decision-maker'. Participitory organizations may exist because they take advantage of knowlegable workers. If the worker is effort-adverse, a participatory organization may be eschewed.

Economic aspects, Organizational behavior, Knowledge, Theory of, Epistemology

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Using (im)perfect markets to catch criminals

Article Abstract:

Paper examines the use of undercover operations to extend the use of rational choice models of criminal activity. The operations are constructed as innovations in law enforcement that affect the probability of detection/conviction of criminal activities. The research question asks, do all sting operations impact the supply of criminal activity equally? Results indicate impacts are sensitive to the type and application of the sting.

Criminal behavior, Undercover operations

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Normal-randomness expected utility, time preference, and emotional distortions

Article Abstract:

Risk attitudes may depend on time preferences and emotional reactions to wealth.

Usage, Uncertainty, Utility theory, Utility functions

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