METHODS FOR THE EFFICIENT OPERATION OF THE DECISIONAL DECENTRALIZATION

Decision decentralization process is essential for optimizing management’s efficiency. Having no unique “recipe”, the decentralization process strongly depends on the type of problems that need to be solved. The paper presents the Danzig-Wolfe decomposition algorithm and the partitioning of non-linear problems. It also refers to the algorithm suggested by J. F. Benders and to the Lagrange factors used in the complete decentralization of decisional functions.

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Year of publication:	2004
Authors:	Constantinescu, Dan
Published in:	Journal for Economic Forecasting. - Institutul de Prognoza Economica. - Vol. 1.2004, 4, p. 116-120
Publisher:	Institutul de Prognoza Economica
Subject:	decision decentralization \| Danzig-Wolfe decomposition algorithm

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Type of publication:	Article
Classification:	D23 - Organizational Behavior; Transaction Costs; Property Rights
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005248494