Title :
Equilibrium solutions in static decision problems with random coefficients in the quadratic cost
Author_Institution :
Marmara Scientific and Industrial Reseaerch Institute, Gebze, Kocaeli, Turkey
fDate :
10/1/1978 12:00:00 AM
Abstract :
This correspondence extends the results of [1] to the case when the weighting terms of the quadratic cost functions also depend on the random state of "Nature." For this class of static two-person quadratic decision problems it is shown that the (Nash) equilibrium strategies are unique under certain conditions which, in general, explicitly depend on the probabilistic structure of the problem.
Keywords :
Decision procedures; Games; Optimal stochastic control; Stochastic optimal control; Cost function; Delta modulation; Mathematics; Sufficient conditions; Terminology;
Journal_Title :
Automatic Control, IEEE Transactions on
DOI :
10.1109/TAC.1978.1101873