Accession Number : AD0607469
Title : EFFECTIVE CONTROL THROUGH COHERENT DECENTRALIZATION WITH PREEMPTIVE GOALS,
Corporate Author : NORTHWESTERN UNIV EVANSTON ILL TECHNOLOGICAL INST
Personal Author(s) : Charnes,A. ; Clower,R. W. ; Kortanek,K.
Report Date : AUG 1964
Pagination or Media Count : 45
Abstract : This paper shows that control through decentralization can be affected in general if additional information in the form of preemptive goals is delegated to individual units as well as prices. It is shown that the procedure is a robust one and results in small errors in profit. The technique of preemptive goals providing further control advantages in an economy where structural change is taking place over time as reflected by changing technological coefficient matrices of individual units is indicated.
Descriptors : (*MANAGEMENT PLANNING AND CONTROL, OPERATIONS RESEARCH), (*OPERATIONS RESEARCH, MANAGEMENT PLANNING AND CONTROL), OPTIMIZATION, MANAGEMENT PLANNING AND CONTROL, DECISION THEORY, ECONOMICS, MATHEMATICAL ANALYSIS, LINEAR PROGRAMMING, MATHEMATICAL MODELS, THEORY
Distribution Statement : APPROVED FOR PUBLIC RELEASE