Der Einfluß von Entwicklungen in der Informations- und Kommunikationstechnik auf betriebliche Entscheidungssysteme
Peter Buxmann ()
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Peter Buxmann: Johann Wolfgang Goethe-Universität Frankfurt
Schmalenbach Journal of Business Research, 1999, vol. 51, issue 7, 714-729
Abstract:
Summary The paper examines the impact of using information technology on decision making in firms. We develop an economic framework that uses both transaction costs and time as model parameters. This framework then serves as a basis for a simulation model, which compares centralized and decentralized decision making processes, using an example from investment theory. The application of the simulation model reveals two major results. New developments in the field of communication networks are likely to increase the share of decentralized forms of decision making. On the other hand, progress in processor technology favors the centralization of decision making.
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sjobre:v:51:y:1999:i:7:d:10.1007_bf03371591
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DOI: 10.1007/BF03371591
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