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Upravlenie Bol'shimi Sistemami, 2010, Issue 29, Pages 108–127
(Mi ubs388)
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This article is cited in 11 scientific papers (total in 11 papers)
Control in Social and Economic Systems
Optimal mechanism for an active system with communication
A. K. Enaleev Institute of Control Sciences, Russian Academy of Sciences, Moscow
Abstract:
For an active system consisting of a principal and a single agent where the principal has incomplete information about the cost function of the agent the optimal mechanism is developed. Optimal mechanism includes both planning and incentive schemes. Incentive scheme consists of two components: a reward for plan execution, and a reward for plan tightness.
Keywords:
open control principle, information reliability, plan execution, coordination of interests.
Citation:
A. K. Enaleev, “Optimal mechanism for an active system with communication”, UBS, 29 (2010), 108–127
Linking options:
https://www.mathnet.ru/eng/ubs388 https://www.mathnet.ru/eng/ubs/v29/p108
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