HIERARCHICAL COMPUTATION OF THE RESOURCE-ALLOCATION PROBLEM

Authors
Citation
T. Vanzandt, HIERARCHICAL COMPUTATION OF THE RESOURCE-ALLOCATION PROBLEM, European economic review, 39(3-4), 1995, pp. 700-708
Citations number
11
Categorie Soggetti
Economics
Journal title
ISSN journal
00142921
Volume
39
Issue
3-4
Year of publication
1995
Pages
700 - 708
Database
ISI
SICI code
0014-2921(1995)39:3-4<700:HCOTRP>2.0.ZU;2-G
Abstract
Some recent research on information processing in organizations has tr eated the agents who process information as endogenous. This paper dis cusses a sample of models in this area, which differ in their methodol ogy but are unified by the fact that they study the resource allocatio n problem. Computational constraints are related to the structure and returns to scale of hierarchies.