STOCHASTIC MULTI-CRITERIA DECISION PROBLEMS WITH MULTI LEVELS OF HIERARCHY.

Research output: Contribution to journalConference articlepeer-review

Abstract

A solution is obtained for getting a hierarchical noncooperative equilibria of a class of stochastic decision problems with more than two levels of hierarchy (in decision making), and wherein the decision makers (DMs) have access to nested dynamic information. In particular, the author considers the three-person three-criteria quadratic decision problems wherein controls of the other two DMs (in addition to his own static observation of the state of nature), and DM2 has access to the static observation and the control of DM3 (in addition to his own static observation). First DM1 announces his strategy and enforces it on both DM2 and DM3, and then DM2 announces his strategy and dictates it on DM3.

Original languageEnglish (US)
Pages (from-to)1171-1174
Number of pages4
JournalProceedings of the IEEE Conference on Decision and Control
Volume2
StatePublished - Jan 1 1980
Externally publishedYes
EventUnknown conference - Albuquerque, NM
Duration: Dec 10 1980Dec 12 1980

ASJC Scopus subject areas

  • Control and Systems Engineering
  • Modeling and Simulation
  • Control and Optimization

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