Dynamic Perspectives On Managerial Decision Making
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Dynamic Perspectives on Managerial Decision Making
Author | : Herbert Dawid,Karl F. Doerner,Gustav Feichtinger,Peter M. Kort,Andrea Seidl |
Publsiher | : Springer |
Total Pages | : 527 |
Release | : 2016-09-15 |
Genre | : Business & Economics |
ISBN | : 9783319391205 |
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This volume collects research papers addressing topical issues in economics and management with a particular focus on dynamic models which allow to analyze and foster the decision making of firms in dynamic complex environments. The scope of the contributions ranges from daily operational challenges firms face to strategic choices in dynamic industry environments and the analysis of optimal growth paths. The volume also highlights recent methodological developments in the areas of dynamic optimization, dynamic games and meta-heuristics, which help to improve our understanding of (optimal) decision making in a fast evolving economy.
The Dynamic Decision Maker
Author | : Michael J. Driver,Kenneth R. Brousseau,Phillip L. Hunsaker |
Publsiher | : iUniverse |
Total Pages | : 294 |
Release | : 1998 |
Genre | : Business & Economics |
ISBN | : 9781583480052 |
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The insights offered in this book are intended to guarantee the reader a more successful career. It is written especially for managers and executives whose jobs require managing people successfully, but it is also written for anyone who must make decisions that involve other people. The authors discuss the decision styles and habits that people form and how to change decision-making habits where necessary. The models and techniques for decision making presented here have been used throughout the world in all kinds of businesses and government agencies. Decision style concepts can benefit anyone, from a new management trainee or MBA student to the CEO of a large firm.
Wharton on Making Decisions
Author | : Stephen J. Hoch,Howard C. Kunreuther |
Publsiher | : John Wiley & Sons |
Total Pages | : 356 |
Release | : 2004-08-20 |
Genre | : Business & Economics |
ISBN | : 0471689386 |
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Perspectives from leaders in decision science at Wharton Organized in part through Wharton's Risk Management and Decision Processes Center, the book assembles leading researchers from Wharton's business faculty who demonstrate how to apply the latest approaches in decision-making from four perspectives: personal, managerial, negotiator, and consumer. Each chapter describes how decisions are actually made, presents the ideal scenario, and then provides practical suggestions for improvement. The subjects range from when consumers will choose variety, integrating intuition into decisions, and applying game theory and strategic decisions, to decision factors in negotiations and how choices are made about insurance and health care.
The Leading Practice of Decision Making in Modern Business Systems
Author | : Elena G. Popkova,Alina V. Chesnokova |
Publsiher | : Emerald Group Publishing |
Total Pages | : 208 |
Release | : 2019-12-02 |
Genre | : Business & Economics |
ISBN | : 9781838674755 |
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Concentrating on the Russian model, this book reflects the leading practical experience of decision making in modern business systems and presents innovative technologies and perspectives to optimize this process.
Business Dynamics Models
Author | : Eugenius Kaszkurewicz ,Amit Bhaya |
Publsiher | : SIAM |
Total Pages | : 208 |
Release | : 2022-11-24 |
Genre | : Mathematics |
ISBN | : 9781611977318 |
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This book introduces optimal control methods, formulated as optimization problems, applied to business dynamics problems. Business dynamics refers to a combination of business management and financial objectives embedded in a dynamical system model. The model is subject to a control that optimizes a performance index and takes both management and financial aspects into account. Business Dynamics Models: Optimization-Based One Step Ahead Optimal Control includes solutions that provide a rationale for the use of optimal control and guidelines for further investigation into more complex models, as well as formulations that can also be used in a so-called flight simulator mode to investigate different complex scenarios. The text offers a modern programming environment (Jupyter notebooks in JuMP/Julia) for modeling, simulation, and optimization, and Julia code and notebooks are provided on a website for readers to experiment with their own examples. This book is intended for students majoring in applied mathematics, business, and engineering. The authors use a formulation-algorithm-example approach, rather than the classical definition-theorem-proof, making the material understandable to senior undergraduates and beginning graduates.
An Economic Theory of Managerial Firms
Author | : Luca Lambertini |
Publsiher | : Routledge |
Total Pages | : 241 |
Release | : 2017-04-21 |
Genre | : Business & Economics |
ISBN | : 9781317218258 |
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The separation between ownership and control has become common practice over the last century, in most medium and large firms across the world. Throughout the twentieth century, the theory of the firm and the theory of industrial organization developed parallel and complementary views on managerial firms. This book offers a comprehensive exposition of this debate. In its survey of strategic delegation in oligopoly games, An Economic Theory of Managerial Firms is able to offer a reinterpretation of a range of standard results in the light of the fact that the control of firms is generally not in the hand of its owners. The theoretical models are supported by a wealth of real-world examples, in order to provide a study of strategic delegation that is far more in-depth than has previously been found in the literature on industrial organization. In this volume, analysis is extended in several directions to cover applications concerning the role of: managerial firms in mixed market; collusion and mergers; divisionalization and vertical relations; technical progress; product differentiation; international trade; environmental issues; and the intertemporal growth of firms. This book is of great interest to those who study industrial economics, organizational studies and industrial studies.
Managerial Decision Making Leadership
Author | : Caroline Wang |
Publsiher | : John Wiley & Sons |
Total Pages | : 160 |
Release | : 2011-03-23 |
Genre | : Business & Economics |
ISBN | : 9780470826140 |
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The modern manager faces a bewildering range of challenges every single day. Their ability to make critical decisions, often under pressure, can directly determine the future success of the company and their career. It is therefore surprising that so few managers take the time to learn the art of decision making. In this groundbreaking book from Caroline Wang, readers will learn that quality decision making is a competence that can be acquired according to a simple framework. The framework is practical and easy-to-remember, consisting of two acronyms: GPA and IPO. GPA for decision content quality (Goal, Priority, Alternatives); and IPO for decision process quality (Information, People, Objective reasoning). The book places emphasis on leading a team to make decisions, even though the framework can be used for personal and individual decisions. By using this common decision-making framework, managers and leaders will gain credibility and team support for the decision, will confidently articulate, promote, and defend the decision, and will have made the necessary preparations for successful implementation when the decision-making process is complete. This proven framework from one of Asia's most dynamic leadership experts will improve the quality of your decisions and change the way you do business.
Handbook of Game Theory and Industrial Organization Volume II
Author | : Luis C. Corchón,Marco A. Marini |
Publsiher | : Edward Elgar Publishing |
Total Pages | : 552 |
Release | : 2018 |
Genre | : Electronic Book |
ISBN | : 9781788112789 |
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This second volume of the Handbook includes original contribution by experts in the field. It provides up-to-date surveys of the most relevant applications of game theory to industrial organization. The book covers both classical as well as new IO topics such as mergers in markets with homogeneous and differentiated goods, leniency and coordinated effects in cartels and mergers, static and dynamic contests, consumer search and product safety, strategic delegation, platforms and network effects, auctions, environmental and resource economics, intellectual property, healthcare, corruption, experimental industrial organization and empirical models of R&D.