Distributed Decision Making

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.

Theoretical foundation for important problem areas in business administration, e.g. supply chain management, service operations, and managerial accounting New chapters: service operations, supply chain management and multi-agents systems With numerous examples and real-life planning situations

Klappentext

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.

Inhalt
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.