Non-Cooperative Planning Theory [Paperback]

Planning in a general sense is concerned with the design of communication and decision making mechanisms in organizations where information and choice are decentralized. Non-cooperative planning theory as it is developed in this book treats the incentive aspects hereof. It stresses how strategic behavior and opportunism may impede planning, and how this can be coped with via the organization of communication and decision making, the design of information and control systems, and the development of incentive schemes. In particular, the book contains a thorough investigation of incentive provision in information production.Planning in a general sense is concerned with the design of communication and decision making mechanisms in organizations where information and choice are decentralized. Non-cooperative planning theory as it is developed in this book treats the incentive aspects hereof. It stresses how strategic behavior and opportunism may impede planning, and how this can be coped with via the organization of communication and decision making, the design of information and control systems, and the development of incentive schemes. In particular, the book contains a thorough investigation of incentive provision in information production.1: Introduction.- 1. Basic Concepts and Approaches.- 1.1. Planning and Incentives.- 1.2. Decision Theory.- 1.3. Social Choice Theory.- 1.4. Game Theory.- 1.5. Implementation Theory.- 1.6. Agency Theory.- 1.7. An Overview of the Book.- 1.8. Alternative Approaches to Planning.- 1.9. Conclusions.- 2: Information and Communication.- 2. Bayesian Games and Implementation.- 2.1. Introduction.- 2.2. Bayesian Games.- 2.3. Bayesian Games with Communication.- 2.4. The Evaluation of Planning Schemes.- 2.5. Bayesian Implementation and Revelation.- 2.6. Conclusions.- Mathematical Appendix.- 3. Organization of Communication.- 3.1. Introduction.- 3.2. Superior Organizations.- 3.3. More or Less Communication.- 3.4. Simultaneous or Sequential Communil#"