Titlebook: Decision Making Structures; Dealing with Uncerta Mario S. Catalani,Giuseppe F. Clerico Book 1996 Department of Economics, University of Tor

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Team Cooperation vs. Independent Assessment someone else for advice in order to reach a correct decision, should she organise a decision structure that acts cooperatively or independently? For example, an entrepreneur might decide to resort to such a kind of decision structure either because of her information asymmetry or because of lack of

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Leadership and Dependencethe jury in criminal trials). Typically the decision is of a dichotomous type such as whether to accept or reject a project or to absolve or convict a defendant. There is a good deal of literature on the different facets of this problem. Here, more than usual, it is very important to clarify the ass

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Other Properties of Pyramidsnumber of elements not greater than that of the level immediately below. If the decision to be made is of a dichotomous type, for example whether to accept or to reject a project, then each level behaves as a polyarchy, that is the level accepts the project if at least one of its members accepts it.

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Canvas

Organization, Loyalty and Efficiency arises both within the market and within organizations. Within the market, price coordinates the free choices of the agents. The variation of the price permits the consistency of the independent choices of the economic agents. In particular, following Hayek (1945), the price vector represents the i

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Conclusionshe presence of uncertainty, the existence of asymmetric information, the skills of the decisors, the time necessary to reach a decision and the level of identification of the decisors with the goal pursued by the organization. In fact, these elements can be considered inputs for the production of th