Hierarchies in Distributed Decision Making
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Beschreibung
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.
Theoretical foundation for important problem areas in business administration With numerous examples and real-life planning situations
Autor*in
Christoph Schneeweiss
Themen in »Hierarchies in Distributed Decision Making«
Distributed Decision Making Hierarchical Production Planning Managerial Accounting Principal-Agent Theory Supply Chain Management accounting agents decision making decision theory design foundation management planning production supply chain
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From the reviews of the second edition:
"The structure of the book is well chosen: Part I provides the basic concepts of distributed decision-making (DDM), Part II describes general applications, and Part III focuses on leadership and coordination processes. The main achievement is unification of several DDM problems … . The different DDM problems addressed are presented with great clarity and detail … . I think this book has great value as it shows how many different DDM problems share very similar mathematical structures." (F Coolen, Journal of the Operational Research Society, Vol. 55 (7), 2004)
"Distributed decision making (DDM) has become of increasing importance in quantitative decision analysis and in application areas such as supply chain management and service operations; it has led to a paradigm shift. This book provides a unified approach to such seemingly diverse fields as multi-level stochastic programming, hierarchical production planning, principal agent theory, negotiations or contract theory." (International Logistics Abstracts, Vol. 33 (5), 2003)
"This very interesting book deals with distributed decision making, which consists of a rapidly growing area of decision theory … . The book concludes with exercises with solutions, a detailed bibliography and an index." (Efstratios Rappos, Zentralblatt MATH, Vol. 1079, 2006)
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