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.
Distributed decision making (DDM) has become of increasing importance in quantitative decision analysis. In applications like supply chain management, service operations, or managerial accounting, DDM has led to a paradigm shift. The 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. Different settings like multi-level one-person decision problems, multi-person antagonistic planning, and leadership situations are covered. Numerous examples and real-life planning cases illustrate the concepts. The new edition has been considerably expanded by additional chapters on supply chain management, service operations and multi-agent systems.
Inhaltsverzeichnis
1: Introduction. - 1. 1 Some Typical Examples of Distributed Decision Making Situations. - 1. 2 Examples of DDM Systems. - 1. 3 Some Important Properties of DDM Systems. - 1. 4 Outline of the Treatise. - I: Basic Foundations. - 2: Basic Concepts. - 3: Constructional DDM Systems. - 4: Organizational DDM Systems. - 5: Principal Agent Theory. - II: General Applications. - 6: Hierarchical Production Planning. - 7: Organizational Design. - 8: Implementation. - 9: Supply Chain Management. - 10: Service Operations. - 11: Managerial Accounting. - III: Leadership and Coordination Processes. - 12: General DDM Systems. - 13: Coordination through Communication. - 14: Negotiations. - 15: Distributed Decision Making in Multi-Agent Systems. - 16: A Unifying Perspective of the Management Process. - Exercises. - Solutions to the Exercises.
