Author
Saldı, Naci, Linder, T., Yüksel, S.
Publication Date
2018
Publication Place
-
Springer
Type
Book
Language
English
Digital
Yes
Manuscript
No
Library
Özyeğin University
Library Asset ID
2324-9749, 978-3-319-79032-9
Record ID
fd491975-be7f-40f0-a1e2-52c877e55f5d
Library Location
Natural and Mathematical Sciences
Date
2018
Sample Text
In Part II, we focus on decentralized stochastic control problems and their applications. In Chapter 8, we present our results on the finite model approximation of multi-agent stochastic control problems (team decision problems). We show that optimal strategies obtained from finite models approximate the optimal cost with arbitrary precision under mild technical assumptions. In particular, we show that quantized team policies are asymptotically optimal. In Chapter 9, the results are applied to Witsenhausen’s counterexample and the Gaussian relay channel problem.
DOI
10.1007/978-3-319-79033-6_7
