DocumentCode
810705
Title
Stackelburg solution for two-person games with biased information patterns
Author
Chen, Ci ; Cruz, Jose B., Jr.
Author_Institution
Laval University, Quebec, Canada
Volume
17
Issue
6
fYear
1972
fDate
12/1/1972 12:00:00 AM
Firstpage
791
Lastpage
798
Abstract
A strategy suggested by Stackelberg for static economic competition is considered and extended to the case of dynamic games with biased information pattern. This strategy is reasonable when one of the players knows only his own cost function but the other player knows both cost functions. As with Nash strategies for nonzero-sum dynamic games open-loop and feedback Stackelberg strategies for dynamic games could lead to different solutions, a phenomenon which does not occur in optimum control problems. Necessary conditions for open-loop Stackelberg strategies are presented. Dynamic programming is used to define feedback Stackelberg strategies for discrete-time games. A simple resource allocation example illustrates the solution concept.
Keywords
Differential games; Games; Contracts; Cost function; Councils; Dynamic programming; Feedback; Games; Laboratories; Open loop systems; Resource management;
fLanguage
English
Journal_Title
Automatic Control, IEEE Transactions on
Publisher
ieee
ISSN
0018-9286
Type
jour
DOI
10.1109/TAC.1972.1100179
Filename
1100179
Link To Document