Accession Number:

AD0731275

Title:

Budgets in a Decentralized Organization with Incomplete Information,

Descriptive Note:

Corporate Author:

RAND CORP SANTA MONICA CALIF

Personal Author(s):

Report Date:

1970-12-01

Pagination or Media Count:

25.0

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

Subject Categories:

  • Administration and Management
  • Psychology

Distribution Statement:

APPROVED FOR PUBLIC RELEASE