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Springer Managerial Discretion in Imperfect Markets

Name: Managerial Discretion in Imperfect Markets
Brand: Springer
Price: 90.0 GBP
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Description

This book deals with behavioral responses of management of firms that make several decisions with respect to production, marketing, finance, organization of activities within divisions, and interrelations between divisions (including synergies between them and constraints placed on each other in the attainment of overall goals of the firm). The market conditions, that constitute the basis of such decisions, may be stable, random but predictable, or uncertain. It can be expected that objectives attained by the firm, as a result of decisions of management, may be different from the maximum which can be achieved. A generic conceptualization of such managerial discretion and operationally useful methods of measurement have been presented. It is possible to develop machine learning algorithms on this basis to minimize managerial discretion and assist managers in arriving at strategic decisions thereby leaving more resources to deal with uncertain events as they arise. The volume is a great resource not only for researchers, but also decision makers in corporates.

Product Specifications

Brand: Springer
Format: Hardcover
ASIN: 9819915368
Category: Books > Subjects > Business, Finance & Law > E-Commerce
Domain: Amazon UK
Release Date: 31 May 2023
Listed Since: 28 February 2023

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Springer Managerial Discretion in Imperfect Markets

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