DocumentCode
189617
Title
Team optimality conditions of differential decision systems with nonclasssical information structures
Author
Charalambous, Charalambos D. ; Charalambous, Themistoklis ; Hadjicostis, Christoforos N.
Author_Institution
Dept. of Electr. & Comput. Eng., Univ. of Cyprus, Nicosia, Cyprus
fYear
2014
fDate
24-27 June 2014
Firstpage
2851
Lastpage
2856
Abstract
We derive team optimality conditions for differential decision systems with nonclassical information structures. The necessary conditions of optimality are given in terms of Hamiltonian system of equations consisting of a coupled backward and forward differential equations and a Hamiltonian projected onto the subspace generated by the information structures. Under certain global convexity conditions it is shown that person-by-person optimality implies team optimality.
Keywords
decision making; differential equations; information theory; Hamiltonian equations system; differential decision systems; differential equations; global convexity conditions; nonclasssical information structures; person-by-person optimality; team optimality; team optimality conditions; Decision making; Differential equations; Equations; Hilbert space; Trajectory; Vectors; Zinc;
fLanguage
English
Publisher
ieee
Conference_Titel
Control Conference (ECC), 2014 European
Conference_Location
Strasbourg
Print_ISBN
978-3-9524269-1-3
Type
conf
DOI
10.1109/ECC.2014.6862606
Filename
6862606
Link To Document