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Mechanism Design & Management: Mathematical Methods for Smart Organizations
Goubko M.
€ 251.97
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Description for Mechanism Design & Management: Mathematical Methods for Smart Organizations
Hardcover. Editor(s): Goubko, Mikhail; Burkov, Vladimir Nikolaevich; Kondratev, Vyacheslav; Korgin, Nikolay; Novikov, Dmitry. Num Pages: 163 pages, illustrations. BIC Classification: KJG. Category: (P) Professional & Vocational. Dimension: 263 x 194 x 17. Weight in Grams: 546.
Mechanism Design (MD) is a branch of game theory which deals with conflict situations involving a principal and a set of active agents (usually in the presence of asymmetric information). Mechanism design theory delivers a solution to many management problems in the form of a control mechanism, (i.e., a formalised routine of decision-making). Formal results of MD can change the fundamentals of managerial practice by introducing decision-making mechanisms in organisations, which are efficient and robust with respect to employees' self-serving behaviour. The proposed book seeks a more intensive application of MD methodology and its formal results in organisations. The main ... Read more
Mechanism Design (MD) is a branch of game theory which deals with conflict situations involving a principal and a set of active agents (usually in the presence of asymmetric information). Mechanism design theory delivers a solution to many management problems in the form of a control mechanism, (i.e., a formalised routine of decision-making). Formal results of MD can change the fundamentals of managerial practice by introducing decision-making mechanisms in organisations, which are efficient and robust with respect to employees' self-serving behaviour. The proposed book seeks a more intensive application of MD methodology and its formal results in organisations. The main ... Read more
Product Details
Publisher
Nova Science Publishers Inc United States
Number of pages
163
Format
Hardback
Publication date
2013
Condition
New
Number of Pages
163
Place of Publication
New York, United States
ISBN
9781626186095
SKU
V9781626186095
Shipping Time
Usually ships in 5 to 9 working days
Ref
99-2
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