Real-time decentralized information processing as a model of organizations with boundedly rational agents.
This paper studies the properties of real-time decentralized information processing as a model of human information processing in organizations. Real-time decentralized processing—which models the computation of decision rules in a temporal decision problem by members of an organization captures bo...
| Publicado en: | Review of Economic Studies no. 228; pp. 633 - 659 |
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| Formato: | Artículo |
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Oxford University Press / UK
3) no228 (July 1999
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=512850869&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 512850869 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00346527 REM jtl: Review of Economic Studies issn: 00346527 maglogo: N pubinfo: dt: 3) no228 (July 1999 iid: 228 pid: 622 pub: Oxford University Press / UK artinfo: ui: 512850869 10.1111/1467-937X.00101 ppf: 633 ppct: 26 formats: tig: atl: Real-time decentralized information processing as a model of organizations with boundedly rational agents. aug: au: Van Zandt, Timothy su: Human information processing Mathematical models Decentralization in management Decision making sug: subj: Human information processing Mathematical models Decentralization in management Decision making ab: This paper studies the properties of real-time decentralized information processing as a model of human information processing in organizations. Real-time decentralized processing—which models the computation of decision rules in a temporal decision problem by members of an organization captures both the cost of computation in terms of the members' time and the constraints imposed by computational delay on the use of recent information. Unlike a batch processing model, it has no single measure of delay because decisions are computed from data of heterogeneous lags. Furthermore, decentralization does not unambiguously reduce delay, because processing a message precludes processing current data. Reprinted by permission of Review of Economic Studies Ltd. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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