Accession Number : ADP002912

Title :   Dynamic, Hierarchical Decision Problems,

Corporate Author : CONNECTICUT UNIV STORRS DEPT OF ELECTRICAL ENGINEERING

Personal Author(s) : Luh,P. B. ; Ning,T. ; Chang,T. S.

Report Date : DEC 1983

Pagination or Media Count : 6

Abstract : A hierarchical decision problem with one leader and a continuum of followers is investigated. The problem is formulated as a stochastic Stackelberg game with nonnested information structure, and studied by using the Inducible Region concept. For the single-stage case, it is shown that the inducible region can be delineated, and the optimal Stackelberg strategy can be constructed. These results are then extended to the two-stage case. Although the problem is formulated in a pricing context in terms of companies and customers, the formulation can be interpreted differently to model Command Control and Communications Systems related problems. (Author)

Descriptors :   *Cost analysis, *Game theory, *Decision making, *Problem solving, Teams(Personnel), Stochastic processes, Hierarchies, Command and control systems

Distribution Statement : APPROVED FOR PUBLIC RELEASE