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Leadership: A Personnel Economics Approach / Edward P. Lazear.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Lazear, Edward P.
Contributor:
National Bureau of Economic Research.
Series:
Working Paper Series (National Bureau of Economic Research) no. w15918.
NBER working paper series no. w15918
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Other Title:
Leadership
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2010.
Summary:
A theory of leadership is proposed and tested. Leaders are characterized as those who have the ability to choose the right direction more frequently than their peers. The theory implies that leaders tend to be more able, place themselves in visible decision making situations more frequently, and are generalists. Also, the most able leaders should be found in the highest variance industries, where decision making has the greatest payoff. The theory is tested using data on Stanford business school alumni and is confirmed. Leaders are generalists rather than specialists, both innately and in their pattern of skill acquisition.
Notes:
Print version record
April 2010.

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