Ownership principles for distributed database design
This research addresses the issues of database ownership and incentives and their impact on information sharing and system performance. Existing research has identified the benefits of centralized control and has formalized the importance of a vested authority setting standards, working towards user transparency, and reducing organization wide data inconsistencies. In practice, however, many centralization and standardization efforts have failed, typically because departments lacked incentives or needed greater local autonomy. Unfortunately, motivational factors have typically eluded formal characterization. Using an "incomplete contracts" approach from economics, it is possible to model the costs and benefits of decentralization, including critical intangible factors. This paper presents normative principles of database decentralization; it derives formulas that give the principles a theoretical underpinning; and it illustrates the application of each principle in actual practice.
(This abstract was borrowed from another version of this item.)
|Date of creation:||29 Apr 2003|
|Date of revision:|
|Contact details of provider:|| Postal: |
Web page: http://mitsloan.mit.edu/
More information through EDIRC
|Order Information:|| Postal: MASSACHUSETTS INSTITUTE OF TECHNOLOGY (MIT), SLOAN SCHOOL OF MANAGEMENT, 50 MEMORIAL DRIVE CAMBRIDGE MASSACHUSETTS 02142 USA|
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Siegel, Michael D. & Madnick, Stuart E., 1991. "Context interchange : sharing the meaning of data," Working papers 3356-91. CIS (Series) (Sl, Massachusetts Institute of Technology (MIT), Sloan School of Management.
- Brynjolfsson, Erik., 1991.
"An incomplete contracts theory of information, technology and organization,"
#126. Working paper (Sloa, Massachusetts Institute of Technology (MIT), Sloan School of Management.
- Erik Brynjolffson, 1991. "An Incomplete Contracts Theory of Information, Technology and Organization," Working Paper Series 126, MIT Center for Coordination Science.
- Hart, Oliver D. & Moore, John, 1990.
"Property Rights and the Nature of the Firm,"
3448675, Harvard University Department of Economics.
- Grossman, Sanford J & Hart, Oliver D, 1986.
"The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration,"
Journal of Political Economy,
University of Chicago Press, vol. 94(4), pages 691-719, August.
- Grossman, Sanford J. & Hart, Oliver D., 1986. "The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration," Scholarly Articles 3450060, Harvard University Department of Economics.
- Oliver Hart & Sanford Grossman, 1985. "The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration," Working papers 372, Massachusetts Institute of Technology (MIT), Department of Economics.
- Grossman, Sanford J & Hart, Oliver, 1985. "The Cost and Benefits of Ownership: A Theory of Vertical and Lateral Integration," CEPR Discussion Papers 70, C.E.P.R. Discussion Papers.
When requesting a correction, please mention this item's handle: RePEc:mit:sloanp:2447. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Christian Zimmermann)
If references are entirely missing, you can add them using this form.