Hierarchical computation of the resource allocation problem
Some recent research on information processing in organizations has treated the agents who process information as endogenous. This paper discusses a sample of models in this area, which differ in their methodology but are unifed by the fact that they study the resource allocation problem. Computational constraints are related to the structure and returns to scale of hierarchies.
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- Timothy Van Zandt, 1997. "Real-Time Hierarchical Resource Allocation," Discussion Papers 1231, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
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- Michael Keren & David Levhari, 1979. "The Optimum Span of Control in a Pure Hierarchy," Management Science, INFORMS, vol. 25(11), pages 1162-1172, November.
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