Titlebook: Distributed Decision Making; Christoph Schneeweiss Book 2003Latest edition Springer-Verlag Berlin Heidelberg 2003 Decision Theory.Distribu

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https://doi.org/10.1007/978-3-540-24724-1Decision Theory; Distributed Decision Making; Hierarchical Production Planning; Managerial Accounting; P

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Definitive

Scott D. Watkins,Patrick L. AndersonUp to now we have investigated decision makers acting as a team or an enforced team. Though the actors were allowed to possess private information, an antagonistic behavior was not assumed to be present or effective. In particular, the levels did not exploit their information in an . way.

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Scott D. Watkins,Patrick L. AndersonHierarchical production planning (HPP) comprises a considerable number of models which originated from the seminal work of A. Hax, H. Meal, and G. Bitran. In fact, most of the models were developed at the Massachussetts Institute of Technology so that the entire theory is often referred to as the MIT theory of HPP.

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Principal Agent TheoryUp to now we have investigated decision makers acting as a team or an enforced team. Though the actors were allowed to possess private information, an antagonistic behavior was not assumed to be present or effective. In particular, the levels did not exploit their information in an . way.

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Hierarchical Production PlanningHierarchical production planning (HPP) comprises a considerable number of models which originated from the seminal work of A. Hax, H. Meal, and G. Bitran. In fact, most of the models were developed at the Massachussetts Institute of Technology so that the entire theory is often referred to as the MIT theory of HPP.

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