An organization is a collection of agents that interact and produce some form of output. Formal organizations - such as corporations and governments - are typically constructed for an explicit purpose though this purpose needn’t be shared by all organizational members. An entrepreneur who...

The agent-based approach views an organization as a collection of agents, interacting with one another in their pursuit of assigned tasks. The performance of an organization in this framework is determined by the formal and informal structures of interactions among agents, which define the lines...