This decentralized version is harder to monitor.
Nevertheless, our review of the economic arguments suggests that what is needed for efficiency is a system that allows decentralized wage setting (adaptation "across space", i.e., sectors, regions, firms) while keeping coordination to help the macroeconomic adjustment.
The capabilities of the proposed method which are used to address several challenges in design, development and analysis of self-organizing systems are: modularity and robustness, decentralized control and scalability, required adaptation types, flexible and adaptive control mechanism, separation of adaptation and business logic, and safe adaptation.
The several challenges include modularity, robustness, decentralized control, flexible and adaptive control mechanism, separation of adaptation, business logic and safe adaptation.
In centrally designed plans there is little scope for such adaptation and contextualization, and hence decentralized planning becomes crucial.
The key features of such a framework are: political and operational leadership, centralized quality standards and decentralized quality control processes, systematic learning, and adaptation to local circumstances, flexible human resource practices that sustain continuity of effort.
Recently decentralized peer-to-peer and super-peer technologies have been proposed for adaptation in these systems.
Policing, however, remains decentralized.
"It is very decentralized".
