• 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