... be used[ 26 ]. In other words, the problem involves determining the degree of both lateral and vertical decentralization in each phase of the process. This issue is particularly critical in large companies, where problems resulting from information asymmetry, the amount of data that must be processed...

...Ariane Hegewisch Decentralization of pay bargaining in the UK is well known. Other countries in Europe have not gone so far but a clear trend towards decentralization is perceptible, although national or industry‐wide bargaining is still widely used. There is an accompanying increase...