Ciência-IUL
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Descrição Detalhada da Publicação
Interaction in organizations: a dynamic choice of codes
Título Revista
Journal of Socio-Economics
Ano (publicação definitiva)
2008
Língua
Inglês
País
Estados Unidos da América
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Abstract/Resumo
Individuals within a firm have to choose the way in which they develop the tasks that are assigned to them. In the model proposed in this paper, workers choose between two codes. They are rewarded according to their productivity and this depends on the selected code in two ways: first, the best understood code is likely to be the one chosen by the worker; second, it is important to select a code that others also use in order to accomplish team work benefits. A memory loss element is introduced, reflecting the presence of a myopic attitude in the choice process, and an intensity of choice component is also considered, making the selection of a code a process where bounded rationality prevails. Under the proposed setup, one identifies a steady state point, to which the system is likely to converge, and that reveals the long-term probability value of choosing one of the two codes.
Agradecimentos/Acknowledgements
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Palavras-chave
Codes,Entropy,Intensity of choice,Organizational interaction,Transitional dynamics
Classificação Fields of Science and Technology
- Economia e Gestão - Ciências Sociais