Hierarchies in Distributed Decision Making
By: by Christoph Schneeweiss
Publisher: Springer Berlin Heidelberg
Published: 1999
Place of publication: Berlin, Heidelberg
Language: eng
Format: [electronic resource] /
Number of pages: 341
ISBN-13: 9783662038321; 9783662038307
Subjects: Information systems; Operations research; Economics
Description: Distributed decision making is described in this book from a hierarchical perspective. A unified approach allows to treat such seemingly diverse fields as multi-level decision making, hierarchical production planning, principal agent theory, hierarchical negotiations, and dynamic games within the framework of a general pair of functional equations. In doing so, the book covers the range from a multi-level one-person decision problem to a multi-person antagonistic planning and leadership situation. These general ideas are illustrated with numerous examples and real-life planning situations. In addition, the treatise provides a theoretical foundation for important problem areas in business administration such as hierarchical production planning, the problems of design and implementation, modern concepts in managerial accounting, and supply chain management.
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