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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- repec:adr:anecst:y:1992:i:25-26:p:13 is not listed on IDEAS
- Mathias Dewatripont & Patrick Bolton, 1996.
"The firm as a communication network,"
ULB Institutional Repository
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- Geanakoplos, John & Milgrom, Paul, 1991.
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- John Geanakoplos & Paul R. Milgrom, 1988. "A Theory of Hierarchies Based on Limited Managerial Attention," Cowles Foundation Discussion Papers 775R, Cowles Foundation for Research in Economics, Yale University.
- Timothy Van Zandt, 1997. "Real-Time Hierarchical Resource Allocation," Discussion Papers 1231, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Patrick Bolton & Mathias Dewatripont, 1994. "The Firm as a Communication Network," The Quarterly Journal of Economics, Oxford University Press, vol. 109(4), pages 809-839.
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