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Der Einfluß von Entwicklungen in der Informations- und Kommunikationstechnik auf betriebliche Entscheidungssysteme

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  • Peter Buxmann

    (Johann Wolfgang Goethe-Universität Frankfurt)

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.

Suggested Citation

  • Peter Buxmann, 1999. "Der Einfluß von Entwicklungen in der Informations- und Kommunikationstechnik auf betriebliche Entscheidungssysteme," Schmalenbach Journal of Business Research, Springer, vol. 51(7), pages 714-729, July.
    • Handle: RePEc:spr:sjobre:v:51:y:1999:i:7:d:10.1007_bf03371591
    DOI: 10.1007/BF03371591
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    References listed on IDEAS

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    1. Patrick Bolton & Mathias Dewatripont, 1994. "The Firm as a Communication Network," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 109(4), pages 809-839.
    2. Jackson, Matthew O. & Wolinsky, Asher, 1996. "A Strategic Model of Social and Economic Networks," Journal of Economic Theory, Elsevier, vol. 71(1), pages 44-74, October.
    3. M. Lynne Markus & Daniel Robey, 1988. "Information Technology and Organizational Change: Causal Structure in Theory and Research," Management Science, INFORMS, vol. 34(5), pages 583-598, May.
    4. Radner, Roy, 1993. "The Organization of Decentralized Information Processing," Econometrica, Econometric Society, vol. 61(5), pages 1109-1146, September.
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