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 :
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