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Upravlenie Bol'shimi Sistemami, 2011, Issue 34, Pages 165–199 (Mi ubs557)  

This article is cited in 3 scientific papers (total in 3 papers)

Control in Social and Economic Systems

Properties of optimal delegation of authority in firms

S. P. Mishin

Institute of Control Sciences of RAS
Full-text PDF (312 kB) Citations (3)
References:
Abstract: We minimize a cost function by choosing an optimal delegation of authority (DoA). DoA means distribution of management actions needed for a production subsystem between managers with complicated duplication of each others’ efforts. Formally this problem is equivalent to optimization of production volume distribution between firms with complicated exchange of products and multi-output cost functions. We have proved general properties of optimal solution which allow finding out optimal DoA for several classes of cost function. Key properties of managers’ cost functions hold true for a cost function of a whole management subsystem with optimal DoA.
Keywords: optimal delegation of authority, manager, cost, firm.
Document Type: Article
UDC: 519
BBC: 22.183.43 + 65в641
Language: Russian
Citation: S. P. Mishin, “Properties of optimal delegation of authority in firms”, UBS, 34 (2011), 165–199
Citation in format AMSBIB
\Bibitem{Mis11}
\by S.~P.~Mishin
\paper Properties of optimal delegation of authority in firms
\jour UBS
\yr 2011
\vol 34
\pages 165--199
\mathnet{http://mi.mathnet.ru/ubs557}
Linking options:
  • https://www.mathnet.ru/eng/ubs557
  • https://www.mathnet.ru/eng/ubs/v34/p165
  • This publication is cited in the following 3 articles:
    Citing articles in Google Scholar: Russian citations, English citations
    Related articles in Google Scholar: Russian articles, English articles
    Upravlenie Bol'shimi Sistemami
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    Abstract page:286
    Full-text PDF :73
    References:54
    First page:2
     
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