A Compensation Election for Binary Social Choice

Published in the Proceedings of the National Academy of Sciences, this article reports experimental results examining the properties of a bidding mechanism, the "Compensation Election," which is designed to implement a simple binary choice between two options. Only the abstract is currently available.

Organizational Economics and the MBM Framework

This early effort to articulate the MBM framework in the context of economic theory, published in the Journal of Private Enterprise, though dated, still offers useful concepts.

Subjectivism, Discovery, and Boundaryless Careers

This chapter in The Social Structure of Boundaryless Careers articulates an approach to careers based on insights from Austrian economics.

Internal Markets and the Theory of the Firm

This paper, published in Managerial and Decision Economics, reconciles the free-market aspect of internal markets, with the fact that they are introduced into organizations, which by their nature are systems of planning. If markets work well inside firms, then why have the firm at all? Jerry Ellig's paper addresses this seeming paradox.

Governments, Firms, and the Impossibility of Central Planning

This chapter from the 1995 book, Economic Approaches to Organizations and Institutions, discusses how the pitfalls of central planning apply to command-and-control organizational practices as well.