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By reducing the costs of coordination, information technology will lead to an overall shift toward proportionately more use of markets—rather than hierarchies—to coordinate economic activity.
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Thomas W. Malone
New School
JoAnne Yates
University of Wisconsin–Madison
Robert I. Benjamin
Fisheries and Oceans Canada
Communications of the ACM
Massachusetts Institute of Technology
Xerox (United States)
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Malone et al. (Mon,) studied this question.
synapsesocial.com/papers/69d1d5ef182ab103ab9203e0 — DOI: https://doi.org/10.1145/214762.214766