@article{1468423,
      recid = {1468423},
      author = {Ramamohan Rao, T. V. S.},
      title = {Managerial discretion in imperfect markets /},
      publisher = {Springer,},
      address = {Singapore :},
      pages = {1 online resource},
      year = {2023},
      abstract = {This book deals with behavioral responses of management of  firms that make several decisions with respect to  production, marketing, finance, organization of activities  within divisions, and interrelations between divisions  (including synergies between them and constraints placed on  each other in the attainment of overall goals of the firm).  The market conditions, that constitute the basis of such  decisions, may be stable, random but predictable, or  uncertain. It can be expected that objectives attained by  the firm, as a result of decisions of management, may be  different from the maximum which can be achieved. A generic  conceptualization of such managerial discretion and  operationally useful methods of measurement have been  presented. It is possible to develop machine learning  algorithms on this basis to minimize managerial discretion  and assist managers in arriving at strategic decisions  thereby leaving more resources to deal with uncertain  events as they arise. The volume is a great resource not  only for researchers, but also decision makers in  corporates.},
      url = {http://library.usi.edu/record/1468423},
      doi = {https://doi.org/10.1007/978-981-99-1537-8},
}