Distributed Decision Making

Christoph Schneeweiss (Autor)

Buch | Hardcover

XV, 528 Seiten

2003 | 2nd ed. 2003
Springer Berlin (Verlag)
978-3-540-40201-5 (ISBN)

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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.

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.

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)

Erscheint lt. Verlag	17.6.2003
Zusatzinfo	XV, 528 p.
Verlagsort	Berlin
Sprache	englisch
Maße	155 x 235 mm
Gewicht	925 g
Themenwelt	Wirtschaft ► Allgemeines / Lexika
Themenwelt	Wirtschaft ► Betriebswirtschaft / Management ► Unternehmensführung / Management
Schlagworte	Decision Theory • Distributed Decision Making • Entscheidungstheorie • Entscheidung (Wirtschaft) • Hierarchical Production Planning • Managerial Accounting • Principal-Agent Theory • Production • Stochastic Programming • Supply Chain Management
ISBN-10	3-540-40201-2 / 3540402012
ISBN-13	978-3-540-40201-5 / 9783540402015
Zustand	Neuware