American Economic Review Vol. 88 No. 5 1998
Toward an Economic Theory of Leadership: Leading by Example
Abstract
This paper explores leadership within organizations. Leadership is distinct from authority because following a leader is a voluntary, rather than coerced, activity of the followers. This paper considers how a leader induces rational agents to follow her in situations when the leader has incentives to mislead them.
- Volume
- 88
- Issue
- 5
- Pages
- 1188-1206
- Sources
- bibtex:phds-export.bib