Download or read book Studies in resource allocation processes written by K. J Arrow (authorHurwicz, Leonid, author) and published by . This book was released on with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Studies in Resource Allocation Processes written by Kenneth J. Arrow and published by Cambridge University Press. This book was released on 2007-02-15 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the central questions of economics relates to the coordination of individual units within a large organization to achieve the central objectives of that organization. This book examines the problems involved in allocating resources in an economic system where decision-making is decentralized into the hands of individuals and individual enterprises. The decisions made by these economic agents must be coordinated because the input decisions of some must eventually equal the output decisions of others. Coordination arises naturally out of the mathematical theory of optimization but there is still the question of how it can be achieved in practice with dispersed knowledge. The essays here explore the many facets of this problem. Nine papers are grouped under the title 'Economies with a single maximand'. They include papers on static and dynamic optimization, decentralization within firms, and nonconvexities in optimizing problems. Fourteen papers are concerned with 'Economies with multiple objectives'. Among the topics covered here are stability of competitive equilibrium, stability in oligopology, and dynamic shortages. The final part of the book includes three papers on informational efficiency and informationally decentralized systems. Leonid Hurwitcz is the Nobel Prize Winner 2007 for The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, along with colleagues Eric Maskin and Roger Myerson, for his work on the effectiveness of markets.
Download or read book From Resource Allocation to Strategy written by Joseph L. Bower and published by OUP Oxford. This book was released on 2005-10-27 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt: Joseph L. Bower and Clark G. Gilbert have collected together some of the leading experts on strategy to examine how strategy is actually made by company managers across the several levels of an organization. Is strategy a coherent plan conceived at the top by a visionary leader, or is it formed by a series of smaller decisions, not always reflecting what top management has in mind? Often it is by examining how options for using resources are developed and selected, that we can see how a company's competitive position gets shaped. On the basis of this understanding, we can see better how these processes can be managed. The book's five sections examine how the resource allocation process works, how the way it works can lead a company into serious problems, how top management can intervene to fix these problem, and where the most recent thinking on these problems is headed. A fifth section contains assessments of this work by thought leaders in the fields of economics, competitive strategy, organizational behavior, and strategic management. The implications for those who study firms are considerable. Activity that is normally thought about in terms of substantive outcomes such as market share and revenue growth, or present value and internal rate of return, is seen to be inextricably related to organizational and administrative questions. The findings presented here should inform the research of economists, strategists, and behavioral scientists. Thoughtful executives and those who consult with them will also find the book provocative. The processes described are complex, but clear enough so that the way toward effective management is apparent. The models developed provide a basis for building the systems and organization necessary for today's competitive world.
Download or read book Studies in Resource Allocation Processes written by Kenneth Joseph Arrow and published by . This book was released on 1978 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Studies in resource allocation written by STUDIES. and published by . This book was released on 1974 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Studies in resource allocation written by and published by . This book was released on 1976 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Studies in resource allocation written by and published by . This book was released on 1977 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Resource Allocation in Private Research Universities written by Daniel Rodas and published by Routledge. This book was released on 2014-06-11 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the resource allocation process in contemporary private research universities through six richly detailed case studies. It includes an extensive discussion of historical approaches to university resource allocation. The cases are based on in-depth interviews with university presidents, provosts, deans financial officers, and department chairs. The evolution of university resource allocation systems is discussed in relation to institutional history, mission, culture, priorities, leadership, and prevailing financial condition.
Download or read book Equitable Resource Allocation written by Hanan Luss and published by John Wiley & Sons. This book was released on 2012-09-11 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: A unique book that specifically addresses equitable resource allocation problems with applications in communication networks, manufacturing, emergency services, and more Resource allocation problems focus on assigning limited resources in an economically beneficial way among competing activities. Solutions to such problems affect people and everyday activities with significant impact on the private and public sectors and on society at large. Using diverse application areas as examples, Equitable Resource Allocation: Models, Algorithms, and Applications provides readers with great insight into a topic that is not widely known in the field. Starting with an overview of the topics covered, the book presents a large variety of resource allocation models with special mathematical structures and provides elegant, efficient algorithms that compute optimal solutions to these models. Authored by one of the leading researchers in the field, Equitable Resource Allocation: Is the only book that provides a comprehensive exposition of equitable resource allocation problems Presents a collection of resource allocation models with applications in communication networks, transportation, content distribution, manufacturing, emergency services, and more Exhibits practical algorithms for solving a variety of resource allocation models Uses real-world applications and examples to explain important concepts Includes end-of-chapter exercises Bringing together much of the equitable resource allocation research from the past thirty years, this book is a valuable reference for anyone interested in solving diverse optimization problems.
Download or read book Optimal Resource Allocation written by Igor A. Ushakov and published by John Wiley & Sons. This book was released on 2013-05-17 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt: A UNIQUE ENGINEERING AND STATISTICAL APPROACH TO OPTIMAL RESOURCE ALLOCATION Optimal Resource Allocation: With Practical Statistical Applications and Theory features the application of probabilistic and statistical methods used in reliability engineering during the different phases of life cycles of technical systems. Bridging the gap between reliability engineering and applied mathematics, the book outlines different approaches to optimal resource allocation and various applications of models and algorithms for solving real-world problems. In addition, the fundamental background on optimization theory and various illustrative numerical examples are provided. The book also features: An overview of various approaches to optimal resource allocation, from classical Lagrange methods to modern algorithms based on ideas of evolution in biology Numerous exercises and case studies from a variety of areas, including communications, transportation, energy transmission, and counterterrorism protection The applied methods of optimization with various methods of optimal redundancy problem solutions as well as the numerical examples and statistical methods needed to solve the problems Practical thoughts, opinions, and judgments on real-world applications of reliability theory and solves practical problems using mathematical models and algorithms Optimal Resource Allocation is a must-have guide for electrical, mechanical, and reliability engineers dealing with engineering design and optimal reliability problems. In addition, the book is excellent for graduate and PhD-level courses in reliability theory and optimization.
Download or read book Resource Allocation in Agricultural Research written by Walter L. Fishel and published by U of Minnesota Press. This book was released on 1971 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: Problems and issues; Research and welfare; Investments in research; Decision making in practice; Decision-making experiments.
Download or read book Real Time Management of Resource Allocation Systems written by Spyros A. Reveliotis and published by Springer Science & Business Media. This book was released on 2006-07-18 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Real-Time Management of Resource Allocation Systems focuses on the problem of managing the resource allocation taking place within the operational context of many contemporary technological applications, including flexibly automated production systems, automated railway and/or monorail transportation systems, electronic workflow management systems, and business transaction supporting systems. A distinct trait of all these applications is that they limit the role of the human element to remote high-level supervision, while placing the burden of the real-time monitoring and coordination of the ongoing activity upon a computerized control system. Hence, any applicable control paradigm must address not only the issues of throughput maximization, work-in-process inventory reduction, and delay and cost minimization, that have been the typical concerns for past studies on resource allocation, but it must also guarantee the operational correctness and the behavioral consistency of the underlying automated system. The resulting problem is rather novel for the developers of these systems, since, in the past, many of its facets were left to the jurisdiction of the present human intelligence. It is also complex, due to the high levels of choice – otherwise known as flexibility – inherent in the operation of these environments.
Download or read book The Rate and Direction of Inventive Activity written by National Bureau of Economic Research and published by Princeton University Press. This book was released on 2015-12-08 with total page 647 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers here range from description and analysis of how our political economy allocates its inventive effort, to studies of the decision making process in specific industrial laboratories. Originally published in 1962. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Download or read book OECD Studies in resource allocation written by and published by . This book was released on 1977 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Criteria for the Allocation of Resources to Research and Development written by Richard A. Rettig and published by . This book was released on 1972 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book OECD Studies on Water Water Resources Allocation Sharing Risks and Opportunities written by OECD and published by OECD Publishing. This book was released on 2015-04-13 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: Capturing information from 27 OECD countries and key partner economies, the report presents key findings from the OECD Survey of Water Resources Allocation and case studies of successful allocation reform.
Download or read book Researchonefficiencyandfairnessofresourcesallocationbychina sgovernmentaladministration written by Sheng Hong and published by World Scientific. This book was released on 2019-06-13 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: In China, the government controls a large part of resources, such as land, energy, bank savings, and so on. This book studies the efficiency and fairness of resources allocation by governmental administration in China. The book states that it is neither fair nor efficient to allocate resources by the governmental administrations. These resources should be allocated by the market.The book analyzes the resources allocation by government administration in three key areas namely education, health care, and land. A quantitive analysis is developed for describing more precisely the situation of unfairness in fiscal resources allocation. This book also describes how ordinary people address the misposition of resources by governmental administrations by migrating from the provinces with less resources to the provinces with more resources in education or health care. Thus, the book concludes that the actual allocation of resources is determined by the interactions between ordinary people and the government.
