1. Tae Wan Kim & Alan Scheller-Wolf. "Technological unemployment, meaning in life, purpose of business, and the future of stakeholders" (completed working paper). The dynamic nature of capitalism creates new jobs through technological innovation, but there is growing concern that advanced machines will master skills for newly created jobs faster than humans. Given societal concerns about the future, and given that work often confers much of life’s meaning for people, my coauthor and I explore questions about automation, meaning in life, and the purpose of future business (*This working paper recently helped consultants in KPMG write a report about automation and ethic).
2. Tae Wan Kim & Alan Strudler, "Team Production, opportunism, and governance: A Confucian approach" (completed working paper: currently revising. Please email me if you want to read it). Various researchers suggest authority as a solution to the team production problem (shirking and wasteful rent-seeking). The existing theories commonly use a market-based understanding of authority, but the model has limitations in understanding the nature of authority in team contexts. We develop a Confucian role-obligation-based model of authority. In short, we argue for a team production theory of the firm to be more deeply team-based.