Distinguishing Useful and Wasteful Slack
提出一种方法区分组织中的松弛资源哪些是有用的缓冲、哪些是浪费，通过成本最小化检验和统计估计来识别非理性支出。
Can inefficiency be rational? Excess resources or slack may serve as a buffer against environmental shocks, help decouple organizations, ease planning and implementation, support innovation, and enable effective responses to competitors. Slack may however also be the result of inefficiency. In Bogetoft and Kerstens, Distinguishing useful and wasteful slack, we propose an approach to separate useful and wasteful slack. If an organization can maintain the same levels of output and slack at lower cost, there is wasteful or nonrationalizable spending. We develop ways to measure the extent to which total spending can be rationalized and show how to statistically estimate and test the usefulness of the available slack using bootstrapping.