rhetorical uncertain interpretation, locked in to one interpretation; keeps and change updating # module 4: boundary of the firm org. economics started - recent modules in module 3,4 - take home exam (easier one, draws from module1,2) - empirical work (1,2) think bigger and messier example of what else can be going on wi (lower end; task relevant information only or what else can be going on; productivity of trainee; ) - oliver - mark grenavettor (instructural ; organizational podcast) - burt: structural holes (type A, B talk within group vs one A-B: brokering structural holes) - hiring and promotion - #montomery structural model and proved people are wrongly interpreting the - indirect ties among alters (not you) - zero ties = you're broker - less it hurts - ties are good, grouped ties are bad - useless for outside consumption - ⭐️don't want ties, don't group think; brokering is troublesome (at least have heterogeneity) - think messier (even if data appear to be at individual level) - feedback loop between modeler and measurement -> burt's structural hole - imposing falsibility = shut down productive inquiry - having an idea what regression to run; williamson (900 transaction fee) - tell the two models empirically apart or not ## history of thought regional airline you own VS contract (storm -> using regional) - retire coase gracefully - used terms not useful - co-ordin firms and markets - unprogrammed adaptations - conscious - planned # module 5: - aliance contract btw two firms - alternative for midterm is doing empirical work # module 6: