Centralized and Decentralized Economic Systems PDF Download

Author: Wayne A. Leeman
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 478

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Author: Wayne A. Leeman
Publisher: Houghton Mifflin Harcourt (HMH)
ISBN: 9780395306598
Category :
Languages : en
Pages :

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Author: W.A. Leeman
Publisher:
ISBN:
Category :
Languages : es
Pages : 377

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Book Description

Author: Vipin P. Veetil
Publisher:
ISBN:
Category :
Languages : en
Pages : 15

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Book Description
We study a simple coordination problem to understand the difference between centralized and decentralized economic systems. The decentralized system is more robust than the centralized system to communication errors. But the centralized system takes less time than the decentralized system to create coordination among constituent parts. Decentralization is preferable when there is little urgency, when there is need to prevent system-collapse, and when the constituent parts are more likely to make communication errors.

Author: Rolf Eidem
Publisher: New York : Wiley
ISBN:
Category : Business & Economics
Languages : en
Pages : 136

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Book Description

Author: Craig Calcaterra
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 3110674033
Category : Business & Economics
Languages : en
Pages : 304

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Book Description
Entrepreneurs as well as seasoned business leaders are struggling to innovate and stay ahead of change in the age of decentralization. What separates the companies that get disrupted from the ones that thrive when faced with decentralization? What tactics can be deployed to decentralize large monolithic organizations? Drawing on their experience as researchers and tech entrepreneurs, Professors Calcaterra and Kaal show how to Learn to embrace the change that comes with decentralization Evolve technology, communication, and culture as the business encounters decentralization Use best practices to maintain profitability in the emerging environments of decentralization across industries Combine responsibility with velocity to leverage the advantages of decentralization for the common good The book examines the core infrastructure elements that are needed before the first genuinely decentralized transaction can happen including a legal environment, underwriting, a truly decentralized blockchain that can overcome the blockchain trilemma (decentralization, scaling, security), and efficient governance of blockchains. Decentralization is essential reading for businesses seeking to win in an increasingly decentralized world where adaptation speed is the competitive advantage that matters most.

Author: Raaj Kumar Sah
Publisher:
ISBN:
Category : Economic policy
Languages : en
Pages : 24

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Author: Jan Tinbergen
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 96

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Book Description
This study considers a decentralized economic policy and to what extent a centralization of economic policy would seem justified on a national and international level.

Author: Peter A. Wilderer
Publisher: Springer
ISBN: 3319243586
Category : Science
Languages : en
Pages : 225

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Book Description
The authors of this book, who represent a broad range of scientific disciplines, discuss the issue of centralized versus decentralized control and regulation in the context of sustainable development. The stability and resilience of complex technical, economic, societal and political systems are commonly assumed to be highly dependent on the effectiveness of sophisticated, mainly centralized regulation and control systems and governance structures, respectively. In nature, however, life is mainly self-regulated by widespread, mainly DNA-encoded control mechanisms. The fact that life has endured for more than 2.4 billion years suggests that, for man-made systems, decentralized control concepts are superior to centralized ones. The authors discuss benefits and drawbacks of both approaches to achieving sustainability, providing valuable information for students and professional decision makers alike.

Author: Timothy Besley
Publisher:
ISBN:
Category : Central-local government relations
Languages : en
Pages : 56

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Book Description
This paper takes a fresh look at the trade-off between centralized and decentralized provision of local public goods. The point of departure is to model a centralized system as one in which public spending is financed by general taxation, but districts can receive different levels of local public goods. In a world of benevolent governments, the disadvantages of centralization stressed in the existing literature disappear, suggesting that the case for decentralization must be driven by political economy considerations. Our political economy analysis assumes that under decentralization public goods are selected by locally elected representatives, while under a centralized system policy choices are determined by a legislature consisting of elected representatives from each district. We then study the role of taste heterogeneity, spillovers and legislative behavior in determining the case for centralization.