eprintid: 1788
rev_number: 4
eprint_status: archive
userid: 46
dir: disk0/00/00/17/88
datestamp: 2013-09-17 13:09:23
lastmod: 2013-09-17 13:09:23
status_changed: 2013-09-17 13:09:23
type: conference_item
succeeds: 1787
metadata_visibility: show
creators_name: Gaggero, Mauro
creators_name: Gnecco, Giorgio
creators_name: Sanguineti, Marcello
creators_id: 
creators_id: giorgio.gnecco@imtlucca.it
creators_id: 
title: Suboptimal Solutions to Team Optimization Problems
with Statistical Information Structure
ispublished: pub
subjects: QA75
divisions: CSA
full_text_status: none
pres_type: paper
note: 24th European Conference on operational research
abstract: Network team optimization problems with statistical information structure are investigated. A team of n Decision Makers (DMs), each having at disposal
some information (obtained, e.g., by measurement devices or by exit polls) and various possibilities of decisions, coordinate their efforts to achieve a common goal, expressed via a team utility function. Decisions are generated by the DMs via strategies, on the basis of the available information y1, . . . , yn that each of
them has and in the presence of uncertainties in the "state of the external world’ x (which the DMs do not control). Such uncertainties are modeled via a joint
probability density p(x, y1, . . . , yn). For these problems, optimal solutions in closed form can be derived only in special cases, so a methodology of approximate
solution is proposed. Suboptimal solutions are searched for, taking the form of linear combinations of elements from sets of basis functions, possibly with adjustable "inner’ parameters. Upper bounds on the accuracy of such
suboptimal solutions are obtained. The estimates are expressed in dependence of the number of trigonometric and Gaussian basis functions. The trade-off between the level of decentralization and the smoothness assumptions on the
utility function and the probability density, required to derive the upper bounds, is investigated. Numerical results are presented for an instance of the network team optimization problem under study, which models optimal production in a multidivisional firm.
date: 2010
pagerange: 105
event_title: EURO XXIV 
event_location: Lisbon, Portugal
event_dates: July 11th-14th, 2010
event_type: conference
refereed: TRUE
related_url_url: http://www.euro2010lisbon.org/
related_url_type: org
citation:   Gaggero, Mauro and Gnecco, Giorgio and Sanguineti, Marcello  Suboptimal Solutions to Team Optimization Problems with Statistical Information Structure.  In: EURO XXIV , July 11th-14th, 2010, Lisbon, Portugal p. 105.        (2010)