Hierarchies In Distributed Decision Making

Hierarchies in Distributed Decision Making

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.

Hierarchies in Distributed Decision Making

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, & 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 & leadership situation. These general ideas are illustrated with numerous examples & 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 & implementation, modern concepts in managerial accounting, & supply chain management.

Hierarchies in Distributed Decision Making