Equilibrium Solutions in Static Decision Problems with Random Coefficients in the Quadratic Cost

Tamer Basar

doi:10.1109/TAC.1978.1101873

Equilibrium Solutions in Static Decision Problems with Random Coefficients in the Quadratic Cost

Research output: Contribution to journal › Article › peer-review

Abstract

This correspondence extends the results of [1] to the case when the weighting terms of the quadratic cost functions also depend on the random state of “Nature.” For this class of static two-person quadratic decision problems it is shown that the (Nash) equilibrium strategies are unique under certain conditions which, in general, explicitly depend on the probabilistic structure of the problem.

Original language	English (US)
Pages (from-to)	960-962
Number of pages	3
Journal	IEEE Transactions on Automatic Control
Volume	23
Issue number	5
DOIs	https://doi.org/10.1109/TAC.1978.1101873
State	Published - Oct 1978
Externally published	Yes

ASJC Scopus subject areas

Control and Systems Engineering
Computer Science Applications
Electrical and Electronic Engineering

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10.1109/TAC.1978.1101873

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Equilibrium Solutions in Static Decision Problems with Random Coefficients in the Quadratic Cost

Abstract

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