TY  - JOUR
UR  - http://epubs.siam.org/doi/abs/10.1137/100803481
IS  - 1
JF  - SIAM Journal on Optimization
AV  - none
TI  - Suboptimal Solutions to Team Optimization Problems with Stochastic Information Structure
Y1  - 2012///
N2  - Existence, uniqueness, and approximations of smooth solutions to team optimization problems with stochastic information structure are investigated. Suboptimal strategies made up of linear combinations of basis functions containing adjustable parameters are considered. Estimates of their accuracies are derived by combining properties of the unknown optimal strategies with tools from nonlinear approximation theory. The estimates are obtained for basis functions corresponding to sinusoids with variable frequencies and phases, Gaussians with variable centers and widths, and sigmoidal ridge functions. The theoretical results are applied to a problem of optimal production in a multidivisional firm, for which numerical simulations are presented.
SP  - 212
A1  - Gnecco, Giorgio
A1  - Sanguineti, Marcello
A1  - Gaggero, Mauro
PB  - Society for Industrial and Applied Mathematics
SN  - 1052-6234
EP  - 243
ID  - eprints1726
VL  - 22
ER  -