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Optimal progressive law of resource reallocation with uncertain disclosure by one of the divisions (Q1082259)

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scientific article; zbMATH DE number 3972623
Language Label Description Also known as
English
Optimal progressive law of resource reallocation with uncertain disclosure by one of the divisions
scientific article; zbMATH DE number 3972623

    Statements

    Optimal progressive law of resource reallocation with uncertain disclosure by one of the divisions (English)
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    1985
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    We investigate the behavior of a progressive law of exchange between two divisions, depending on the amount of the resource offered by each division for exchange. A class of undominated progressive laws is identified and described. The problem of an optimal progressive exchange law is stated on the set of undominated laws. For some forms of the functional over the headquarters preference function we derive analytical expressions for the optimal exchange law.
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    resource reallocation
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    resource exchange within a system
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    exchange between two divisions
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    optimal progressive exchange law
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    undominated laws
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