1: Introduction -- 2: Basic Concepts of Hierarchical Planning -- 3: Constructional Hierarchies -- 4: Organizational Hierarchies -- 5: Principal Agent Hierarchies -- 6: Hierarchical Production Planning -- 7: Organizational Design and Flexibility -- 8: Implementation -- 9: Cost Accounting -- 10: Hierarchical Configurations -- 11: Coordination -- 12: Negotiations -- 13: A Unifying Perspective of the Management Process.

Distributed decision making is described in this book from a hierarchical perspective. A unified approach allows to treat such seemingly diverse fields as multi-level decision making, hierarchical production planning, principal agent theory, hierarchical negotiations, and dynamic games within the framework of a general pair of functional equations. In doing so, the book covers the range from a multi-level one-person decision problem to a multi-person antagonistic planning and leadership situation. These general ideas are illustrated with numerous examples and real-life planning situations. In addition, the treatise provides a theoretical foundation for important problem areas in business administration such as hierarchical production planning, the problems of design and implementation, modern concepts in managerial accounting, and supply chain management.