Economic Theory Seminar: Suraj Prasad (University of Sydney) – School of Economics Economic Theory Seminar: Suraj Prasad (University of Sydney) – School of Economics

Economic Theory Seminar: Suraj Prasad (University of Sydney)

Managing Innovation (and Conflict) through Mediation

Presenter: Suraj Prasad | University of Sydney

 

Abstract

We consider an organization where innovations are developed in parallel. When innovators have preferences over features of the innovations and when scarce resources limit the number of innovations that can be implemented, conflict arises in the organization. Allowing a manager – who has moderate preferences – to control resource allocation can be beneficial. In particular, the manager acts as a mediator – innovators moderate the features of their innovation to appeal to the manager. This provides insurance to the innovators, and as a consequence, they work harder. The cost of mediation by the manager is the loss of control for innovators.

Important note: Attendees will also require a password to access the online seminar. Please email the event organiser – Dave Mc Manamon (dave.mcmanamon@sydney.edu.au) for access.

Date

Mar 22 2021
Expired!

Time

4:00 pm - 5:00 pm

More Info

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Location

Online
Category

Organizer

Dave Mc Manamon
Phone
93514587
Email
dave.mcmanamon@sydney.edu.au
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