Title: Complexity, Genuine Uncertainty, and the Economics of Organisation
Journal: Human Systems Management, 11, 67-75
Comments: Argues that vertical integration of a firm does not make it easier to manage static complexity than a decentralised firm, but from the dynamic transaction costs arising from economic change. But a decentralised organsisation may have an advantage when uncertainty is greatest. Complexity as lack of knowledge within and about a framework.
Keywords: SOCIAL, ECONOMIC,
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