• DocumentCode
    1055004
  • Title

    Stackelberg Games and Multisectoral Economic Planning

  • Author

    Anandalingam, G.

  • Author_Institution
    Department of Systems Engineering, University of Virginia, Charlottesville, VA 2901, USA
  • Volume
    17
  • Issue
    4
  • fYear
    1987
  • fDate
    7/1/1987 12:00:00 AM
  • Firstpage
    670
  • Lastpage
    676
  • Abstract
    The theory of open-loop Stackelberg games is applied to the planning and control of multisector economies. Using a simple real-world econometric model with a central coordinator and three sectors, it is shown that conflict reduction among any set of players would reduce suboptimality in the economy.
  • Keywords
    Control theory; Cost function; Decision making; Econometrics; Environmental economics; Game theory; Investments; Knowledge representation; Open loop systems; Resource management;
  • fLanguage
    English
  • Journal_Title
    Systems, Man and Cybernetics, IEEE Transactions on
  • Publisher
    ieee
  • ISSN
    0018-9472
  • Type

    jour

  • DOI
    10.1109/TSMC.1987.289359
  • Filename
    4075682