Monitoring Costs

Integration threshold via quality assurance cost $c_{0} = c_{base} / (A \cdot I)$ . Technology and institutions are complements in reducing coordination costs.

Microeconomic Applications53

Impact Score

Economic Importance

4.0

Novelty

5.0

Theoretical Coverage

6.0

Empirical Coverage

10.0

Article Quality

8.0

Score Reasoning

Importance: Micro-foundations for monitoring cost c_0 in the firm scope model. Peripheral -- closes one equation but not on the main spine.
Novelty: Known Holmstrom monitoring logic given CES-specific formulation. Technology-institution complementarity via cross-partial is standard Topkis supermodularity.
Quality: Clear exposition with good comparative statics table. Somewhat narrow scope limits article impact.