Zoran Skoda
DAO

DAO is an abbreviation for distributed autonomous organization, established by smart contracting on a distributed ledger.

Relevant are also pertinent descriptions of organizational aspects of classical firms:

  • wikipedia Theory of the firm
  • D. F. Spulber, The theory of the firm : microeconomics with endogenous enterprises, firms, markets and organizations, Cambridge Univ. Press 2009
  • R. H. Coase The nature of the firm, Economica, 4(16), 386–405 (1937) This influential article has also a dedicated wikipedia page Costs are there classified as
    • information/search cost
    • contracting cost
    • cost of administration/allocation of resources.
  • B. Holmstrom, Managerial incentive problems: A dynamic perspective, Review of Economic Studies, 66(1), 169–182 (1999)
  • M. Jensen, W. Meckling, Theory of the firm: Managerial behavior, agency costs and ownership structure, Journal of Financial Economics, 3(4), 305–360 (1976)
  • Oliver Hart, Firms, contracts, and financial structure, Clarendon Lectures in Economics, Oxford University Press 1995
  • Bengt Holmström, Jean Tirole, Inside and outside liquidity, 1989, 2001, 2013
  • Paul Milgrom, John Roberts, Economics, organization, and management, Prentice-Hall 1992

Last revised on June 14, 2019 at 09:58:41. See the history of this page for a list of all contributions to it.