TY  - BOOK
AU  - Ramamohan Rao,T.V.S.
TI  - Managerial Discretion in Imperfect Markets
SN  - 9789819915378
U1  - 6,584,012 23
PY  - 2023///
CY  - Singapore
PB  - Springer Nature Singapore, Imprint: Springer
KW  - Strategic planning
KW  - Leadership
KW  - Operations research
KW  - Capital market
KW  - Machine learning
KW  - School management and organization
KW  - School administration
KW  - Business Strategy and Leadership
KW  - Operations Research and Decision Theory
KW  - Capital Markets
KW  - Machine Learning
KW  - Organization and Leadership
N1  - Chapter 1. Introduction -- Chapter 2. Managerial Discretion -- Chapter 3. Specification and Estimation -- Chapter 4. Production Decisions -- Chapter 5. Multiproduct Firms -- Chapter 6. Advertising and Warranties -- Chapter 7. Inventory Investment -- Chapter 8. Capital Stock and Investment -- Chapter 9. Financial Arrangements -- Chapter 10. Spinoffs and Carveouts -- Chapter 11. Conclusion
N2  - This book deals with behavioral responses of management of firms that make several decisions with respect to production, marketing, finance, organization of activities within divisions, and interrelations between divisions (including synergies between them and constraints placed on each other in the attainment of overall goals of the firm). The market conditions, that constitute the basis of such decisions, may be stable, random but predictable, or uncertain. It can be expected that objectives attained by the firm, as a result of decisions of management, may be different from the maximum which can be achieved. A generic conceptualization of such managerial discretion and operationally useful methods of measurement have been presented. It is possible to develop machine learning algorithms on this basis to minimize managerial discretion and assist managers in arriving at strategic decisions thereby leaving more resources to deal with uncertain events as they arise. The volume is a greatresource not only for researchers, but also decision makers in corporates
UR  - https://doi.org/10.1007/978-981-99-1537-8
ER  -