%0 Report %A Schlicht, Ekkehart %T Consistency in Organization %D 2003 %8 2003 Feb %I Institute of Labor Economics (IZA) %C Bonn %7 IZA Discussion Paper %N 718 %U https://www.iza.org/publications/dp718 %X Recent thinking has emphasized the importance of consistency in a firm’s compensation policy. By starting from Williamson’s ideas about idiosyncratic exchange, this view can be supplied with some theoretical foundation. At the same time, the consistency view can be applied to a number of organizational issues. It sheds new light on some Williamsonian themes, like the boundaries of the firm or the attenuation of incentives within firms. %K attenuation of incentives %K Williamson's puzzle %K theory of the firm %K command %K routines %K centralization paradox