Experiments on Organizations

Abstract

Organizations are crucial entities from an economic perspective. Multiple transactions take place in markets but many others occur inside organizations of all sorts or between organizations, where individuals may behave differently to how they would if interacting in markets. There is an extensive list of topics used to describe in detail organizational behavior: such as, the creation of organizations, organizational learning, innovation, organizational culture, communication and others (see for instance, Robbins, 2010). For this reason we will focus on two types of problems that organizations need to solve which have a fundamentally economic basis. These are problems of providing appropriate incentives to agents interested in the organization and problems of coordinating their actions. We will present, as much as possible, work relating to these matters along with other fundamental aspects of organizations. Taken together, these problems have the same objective: favoring the creation of value in the organization.