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Modelling decentralized decision making in the energy sector

✍ Scribed by J.-Emmanuel Samouilidis; A Arabatzi-Ladia


Book ID
113322205
Publisher
Elsevier Science
Year
1984
Tongue
English
Weight
724 KB
Volume
12
Category
Article
ISSN
0305-0483

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Learning models for decentralized decisi
✍ Richard M. Wheeler Jr.; Kumpati S. Narendra πŸ“‚ Article πŸ“… 1985 πŸ› Elsevier Science 🌐 English βš– 592 KB

Models for decentralized decision making under uncertainty are introduced. Decision makers interact with each other and update their decisions using known learning schemes, rendering analysis of the group behavior tractable. Synchronous models are shown to lead to problems in stochastic games. Speci