
The Library
The fundamental problem of command : plan and compliance in a partially centralised economy
Tools
Harrison, Mark (2004) The fundamental problem of command : plan and compliance in a partially centralised economy. Comparative Economic Studies, Vol.47 (No.2). pp. 296-314. doi:10.1057/palgrave.ces.8100101 ISSN 0888-7233.
![]()
|
PDF
WRAP_Harrison_7470248-161008-ces05postprint.pdf - Requires a PDF viewer. Download (180Kb) |
Official URL: http://dx.doi.org/10.1057/palgrave.ces.8100101
Abstract
When a principal gives an order to an agent and advances resources for its implementation, the temptations for the agent to shirk or steal from the principal rather than comply constitute the fundamental problem of command. Historically, partially centralised command economies enforced compliance in various ways, assisted by nesting the fundamental problem of exchange within that of command. The Soviet economy provides some relevant data. The Soviet command system combined several enforcement mechanisms in an equilibrium that shifted as agents learned and each mechanism's comparative costs and benefits changed. When the conditions for an equilibrium disappeared, the system collapsed.Comparative Economic Studies (2005) 47, 296–314. doi:10.1057/palgrave.ces.8100110
Item Type: | Journal Article | ||||
---|---|---|---|---|---|
Subjects: | H Social Sciences > HC Economic History and Conditions D History General and Old World > DK Russia. Soviet Union. Former Soviet Republics |
||||
Divisions: | Faculty of Social Sciences > Economics | ||||
Library of Congress Subject Headings (LCSH): | Soviet Union -- Economic conditions -- 20th century | ||||
Journal or Publication Title: | Comparative Economic Studies | ||||
Publisher: | Palgrave Macmillan Ltd. | ||||
ISSN: | 0888-7233 | ||||
Official Date: | 14 June 2004 | ||||
Dates: |
|
||||
Volume: | Vol.47 | ||||
Number: | No.2 | ||||
Page Range: | pp. 296-314 | ||||
DOI: | 10.1057/palgrave.ces.8100101 | ||||
Status: | Peer Reviewed | ||||
Access rights to Published version: | Open Access (Creative Commons) |
Request changes or add full text files to a record
Repository staff actions (login required)
![]() |
View Item |
Downloads
Downloads per month over past year