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Introduction to Theory of Control in Organizations (Paperback)
Loot Price: R1,696
Discovery Miles 16 960
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Introduction to Theory of Control in Organizations (Paperback)
Series: Systems Evaluation, Prediction, and Decision-Making
Expected to ship within 12 - 17 working days
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Introduction to Theory of Control in Organizations explains how
methodologies from systems analysis and control theory, including
game and graph theory, can be applied to improve organizational
management. The theory presented extends the traditional approach
to management science by introducing the optimization and
game-theoretical tools required to account for the special nature
of human beings being viewed as control objects. The book
introduces a version of mechanism design that has been customized
to solve the problems that today's managers must contend with. All
mathematical models and mechanisms studied are motivated by the
most common problems encountered by managers in firms and
non-profit organizations. Requiring no prior knowledge of game
theory or mechanism design, the book includes a systematic
introduction to the underlying methodology of modern theory of
control in organizations. The authors use formal methods to
construct robust and efficient decision-making procedures which
support all aspects and stages of management activity over all
decision horizons-from operational to strategic management. The
mathematical and methodological backgrounds of the organizational
mechanisms discussed are not limited to game theory but also
include systems analysis, control theory, operations research, and
discrete mathematics. The book includes a set of exercises in each
chapter-from simple to advanced-that provide the reader with the
understanding required to integrate advanced methods of
optimization, game theory, and mechanism design into daily
managerial practice.
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