Responsibility budgeting and accounting
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Information/transaction costs make it necessary to decentralize some decision rights in organizations and in the economy. Decentralization in turn requires organizations to solve the control problem that results when self-interested persons do not behave as perfect agents. Capitalist economies solve these control problems through the institution of alienable decision rights. But because organizations suppress the alienability of decision rights, they must devise substitute mechanisms that perform those functions. Three functions are critical: (1) allocating decision rights among agents in the organization, (2) measuring and evaluating performance, and (3) rewarding and punishing individuals for their performance. Responsibility budgeting and accounting systems are the most widespread mechanisms for performing these functions in business today.
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Varnum, Kent C. M. (Monterey, California. Naval Postgraduate School, 1991-03);An error probability analysis is performed for noncoherent detection of optical heterodyne signals corrupted by laser phase noise and additive white Gaussian noise. Two types of laser modulation are investigated, on-off ...
Performance measurement of a carrier battle group: a case study of the Commander in Chief, U.S. Atlantic Fleet's participation as a performance planning and reporting pilot project for fiscal year 1996 Smith, Robert Lee. (Monterey, California. Naval Postgraduate School, 1996-12);The Commander In Chief, U.S. Atlantic Fleet (CINCLANTFLT) participated as a performance planning and reporting pilot project (PPRP) in support of the short term requirements of the Government Performance and Results Act ...
Grant, Stanley E. (Monterey, California. Naval Postgraduate School, 1994-06);Ground based radar systems are a critical resource to the command, control and communications system. This thesis provides the tools and methods to better understand the actual performance of an operational ground based ...