ORDER AND CHAOS AS COST FACTORS IN THE PROCESS OF MANAGERIAL DECISION-MAKING |
3 | |
2010 |
scientific article | 338 | ||
262-265 | economic system, hierarchy, heterarchy, entropy |
The article contains the results of theoretical research regarding the influence of correlation between order and
chaos (hierarchy and heterarchy) in an economic system on managerial decision-making costs. The authors show
that an increase in managerial decision-making costs with entropy (chaos) is due to the need for the economic
system to overcome uncertainty. An economic systems entropy determines the measure of redundancy of the
resources expended for managerial decisions. |
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