Budgets in a Decentralized Organization with Incomplete Information,
Abstract
The paper treats the problem of incentives in a decentralized organization where there is lack of information. It stresses the difficulty of designing incentive systems and provides a simple example to illustrate some of the problems. The treatment of the central agency and the decentralized departments is an n-person game. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Dec 01, 1970
- Accession Number
- AD0731275
Entities
People
- Martin Shubik
Organizations
- RAND Corporation