Accession Number:

ADP002912

Title:

Dynamic, Hierarchical Decision Problems,

Descriptive Note:

Corporate Author:

CONNECTICUT UNIV STORRS DEPT OF ELECTRICAL ENGINEERING

Personal Author(s):

Report Date:

1983-12-01

Pagination or Media Count:

6.0

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

Subject Categories:

Distribution Statement:

APPROVED FOR PUBLIC RELEASE