Works
- Formal and real authority in organizations, Journal of Political Economy 105(1), 1 to 29, 1997
- Technology, information, and the decentralization of the firm, Quarterly Journal of Economics 122(4), 1759 to 1799, 2007
In Organizational Structures
Known for
Formal and real authority
Ideas
Formal and real authority. With Tirole, Aghion separated the formal right to decide from effective control and showed that real authority follows information. Caveat: A formal model.