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:  2011
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:  35
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(.):  optimal delegation of authority, multi-output cost functions
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(.):  We minimize a multi-output quadratic cost function by choosing optimal delegation of authority (DoA). DoA means distribution of management actions needed for a production subsystem between managers with complicated duplication of each others efforts. Formally this problem is equivalent to optimization of a production volume distribution between firms with complicated exchange of products and multi-output cost functions. We prove analytical results and use them to develop and test an efficient algorithm, which solves the optimal delegation problem with a small number of iterations.

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: 4876, : 1731, : 19.


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