ECONOMIC THEORY OF TEAMS

by
JACOB MARSCHAK and ROY RADNER
Yale University Press, New Haven and London
1972
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TABLE OF CONTENTS

Chapter  Page 
Preliminary Pages
Introduction

PART ONE. PROLOGUE: SINGLE-PERSON DECISION PROBLEMS

1.  Decision under Uncertainty
2.  Organizational Form: Information and Decision Functions 42 
3.  Some Special Models 93 

PART TWO. TEAM ORGANIZATION PROBLEMS

4.  The Problem and Some Examples 123 
5.  Best Decision Functions 155 
6.  The Evaluation of Information in Organizations 182 
7.  The Team in a Dynamic Environment 232 
8.  The Team Problem as a Problem of Optimal Networks 267 
9.  Task Allocation, Organizing, and Leading 304 

PART THREE. EPILOGUE: OPTIMALITY AND VIABILITY
IN A GENERAL MODEL OF ORGANIZATION

10.  Epilogue: Optimality and Viability in a General Model of Organization 327 
References
Index