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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
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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