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Decoupling non-sequential stochastic control problems

โœ Scribed by Mark S Andersland


Publisher
Elsevier Science
Year
1991
Tongue
English
Weight
349 KB
Volume
16
Category
Article
ISSN
0167-6911

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Sequential decision problems are studied in which there are two decisionmakers, or players, who are trying to control the same stochastic system in order to minimize their own individual expected losses. The standard linear model for the stochastic control process and standard quadratic loss functio