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.
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