Budgets As Dynamic Gatekeepers

Most large organizations allocate resources by means of fixed budgets: each subunit is normally entitled to spend a defined amount over a fixed period, usually one year. Fixed budgets create clear incentives for subunits to control costs. Yet such arrangements create major incentives for dynamic ine...

Ausführliche Beschreibung

Bibliographische Detailangaben
Veröffentlicht in:Management Science. - Institute for Operations Research and the Management Sciences, 1954. - 42(1996), 5, Seite 642-658
1. Verfasser: Pollack, Harold (VerfasserIn)
Weitere Verfasser: Zeckhauser, Richard
Format: Online-Aufsatz
Sprache:English
Veröffentlicht: 1996
Zugriff auf das übergeordnete Werk:Management Science
Schlagworte:Agency Theory Budgeting Dynamic Programming Gatekeeping Resource Allocation Rationing Health sciences Business Political science Economics Mathematics