'performance and therefore differ according to how effective incentives canbe in encouraging a good performance. In particular, we show … that, undercertain assumptions, the M-form (multi-divisional form) is likely to provide better incentives than the U …

This paper explores the interaction between incentives, information, and organizational design. It argues that the … virtues: its ability to solve the problems of selection, incentives, and information gathering and aggregation which are the …