Team optimality conditions of differential decision systems with nonclasssical information structures
AuthorCharalambous, C. D.
Hadjicostis, Christoforos N.
PublisherInstitute of Electrical and Electronics Engineers Inc.
Source2014 European Control Conference, ECC 2014
2014 European Control Conference, ECC 2014
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We derive team optimality conditions for differential decision systems with nonclassical information structures. The necessary conditions of optimality are given in terms of Hamiltonian system of equations consisting of a coupled backward and forward differential equations and a Hamiltonian projected onto the subspace generated by the information structures. Under certain global convexity conditions it is shown that person-by-person optimality implies team optimality. © 2014 EUCA.