128 results on '"Team Theory"'
Search Results
2. Board diversity: Are firms rewarded?
- Author
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Bonaparte, Isaac, Mburu, Henry Kimani, and Sun, Huey‐Lian
- Subjects
DIVERSITY in the workplace ,ENTERPRISE value ,EARNINGS management ,ABNORMAL returns ,INNOVATIONS in business ,BUSINESS enterprises ,INDIVIDUAL investors - Abstract
To adduce empirical evidence of the benefits of board diversity to investors, we examine the relation between board age‐diversity and firm value. We examine different factors that are known to influence firm value both in the short‐term and long‐term horizons: cumulative abnormal returns, real earnings management, firm innovative activities, and analyst coverage. Our proxy for board diversity is the board age diversity. We find that board age‐diversity enhances firm value through different mechanisms; increased firm innovative activities and curtailed real earnings manipulation. We find that board age‐diversity has (no) effect on firm value in the long (short) term horizon. Overall, our results emphasize the long‐term benefits of board diversity to investors. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
3. Opportunistic Fluid Antenna Multiple Access via Team-Inspired Reinforcement Learning
- Author
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Waqar, Noor, Wong, Kai-Kit, Chae, Chan-Byoung, Murch, Ross David, Jin, Shi, Sharples, Adrian, Waqar, Noor, Wong, Kai-Kit, Chae, Chan-Byoung, Murch, Ross David, Jin, Shi, and Sharples, Adrian
- Abstract
The emergence of fluid antenna systems (FAS) offers a novel technique for obtaining spatial diversity and leveraging interference fades for spectrum sharing in multiuser scenarios—a paradigm referred to as fluid antenna multiple access (FAMA). Nevertheless, as the number of users increases, the interference mitigation capability diminishes. To overcome this, opportunistic scheduling that prioritizes robust users proves to be an effective method for enhancing FAMA. This paper introduces a resilient decentralized reinforcement learning (RL) approach for opportunistic FAMA (O-FAMA), to autonomously select robust users and the port of each chosen user’s FAS jointly to maximize the network sum-rate. In order to enhance learning efficiency in this multi-agent environment, we propose a novel team-theoretic RL framework that includes a derivative network guiding the multi-agent learning of each solution’s policy networks. Our simulation results confirm the effectiveness of the proposed methodology. IEEE
- Published
- 2024
4. EXISTENCE OF TEAM-OPTIMAL SOLUTIONS IN STATIC TEAMS WITH COMMON INFORMATION: A TOPOLOGY OF INFORMATION APPROACH.
- Author
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GUPTA, ABHISHEK
- Subjects
- *
TEAMS , *TOPOLOGY , *INFORMATION sharing , *MULTIAGENT systems , *PROBABILITY theory - Abstract
This paper establishes the existence of team-optimal solutions in certain classes of static teams with observation sharing information structures. To establish the existence result, we first construct an equivalent virtual static team (or multiple virtual static teams) with no observation sharing information structure. Then, we establish the existence of a team-optimal solution in the virtual static team, thereby establishing the existence result for the original team. We use the existence result to show that Witsenhausen's counterexample with a certain kind of side information admits a team-optimal solution. [ABSTRACT FROM AUTHOR]
- Published
- 2020
- Full Text
- View/download PDF
5. Team Theory and Information Structures of Stochastic Dynamic Decentralized Decision
- Author
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Charalambous, C. D., Ahmed, N. U., Thoma, Manfred, Series editor, Allgöwer, Frank, Series editor, Morari, Manfred, Series editor, van Schuppen, Jan H., editor, and Villa, Tiziano, editor
- Published
- 2015
- Full Text
- View/download PDF
6. Deep Teams: Decentralized Decision Making With Finite and Infinite Number of Agents.
- Author
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Arabneydi, Jalal and Aghdam, Amir G.
- Subjects
- *
BEHAVIORAL economics , *DECISION making , *COST functions , *ARTIFICIAL intelligence , *COMPUTATIONAL complexity - Abstract
Inspired by the concepts of deep learning in artificial intelligence and fairness in behavioral economics, we introduce deep teams in this article. In such systems, agents are partitioned into a few subpopulations so that the dynamics and cost of agents in each subpopulation is invariant to the indexing of agents. The goal of agents is to minimize a common cost function in such a manner that the agents in each subpopulation are not discriminated or privileged by the way they are indexed. Two nonclassical information structures are studied. In the first one, each agent observes its local state as well as the empirical distribution of the states of agents in each subpopulation, called deep state, whereas in the second one, the deep states of a subset (possibly all) of subpopulations are not observed. Novel dynamic programs are developed to identify globally optimal and suboptimal solutions for the first and second information structures, respectively. The computational complexity of finding the optimal solution in both space and time is polynomial (rather than exponential) with respect to the number of agents in each subpopulation and is linear (rather than exponential) with respect to the control horizon. This complexity is further reduced in time by introducing a forward equation, which we call deep Chapman-Kolmogorov equation, described by multiple convolutional layers of binomial probability distributions. Two different prices are defined for computation and communication, and it is shown that under mild conditions they converge to zero as the number of quantization levels and the number of agents tend to infinity. In addition, the main results are extended to infinite-horizon discounted models and arbitrarily asymmetric cost functions. Finally, a service management example with 200 users is presented. [ABSTRACT FROM AUTHOR]
- Published
- 2020
- Full Text
- View/download PDF
7. Common Knowledge and Sequential Team Problems.
- Author
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Nayyar, Ashutosh and Teneketzis, Demosthenis
- Subjects
- *
RANDOM variables , *STOCHASTIC control theory , *TEAMS - Abstract
We consider a general sequential team problem based on Witsenhausen's intrinsic model. Our formulation encompasses all teams in which the uncontrolled inputs can be viewed as random variables on a finite probability space, the number of control inputs/decisions is finite and the decisions take values in finite spaces. We define the concept of common knowledge in such teams and use it to construct a sequential decomposition of the problem of optimizing the team strategy profile. If the information structure is classical, our common knowledge based decomposition is identical to classical dynamic program. If the information structure is such that the common knowledge is trivial, our decomposition is similar in spirit to Witsenhausen's standard form based decomposition. In this case, the sequential decomposition is essentially a sequential reformulation of the strategy optimization problem and appears to have limited value. For information structures with nontrivial common knowledge, our sequential decomposition differs from Witsenhausen's standard form based decomposition because of its dependence on common knowledge. Our common knowledge based approach generalizes the common information based methods of –. [ABSTRACT FROM AUTHOR]
- Published
- 2019
- Full Text
- View/download PDF
8. Team MMSE Precoding With Applications to Cell-Free Massive MIMO
- Author
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Miretti, Lorenzo, Björnson, Emil, Gesbert, David, Miretti, Lorenzo, Björnson, Emil, and Gesbert, David
- Abstract
This article studies a novel distributed precoding design, coined team minimum mean-square error (TMMSE) precoding, which rigorously generalizes classical centralized MMSE precoding to distributed operations based on transmitter-specific channel state information (CSIT). Building on the so-called theory of teams, we derive a set of necessary and sufficient conditions for optimal TMMSE precoding, in the form of an infinite dimensional linear system of equations. These optimality conditions are further specialized to cell-free massive MIMO networks, and explicitly solved for two important examples, i.e., the classical case of local CSIT and the case of unidirectional CSIT sharing along a serial fronthaul. The latter case is relevant, e.g., for the recently proposed radio stripe concept and the related advances on sequential processing exploiting serial connections. In both cases, our optimal design outperforms the heuristic methods that are known from the previous literature. Duality arguments and numerical simulations validate the effectiveness of the proposed team theoretical approach in terms of ergodic achievable rates under a sum-power constraint., QC 20220906
- Published
- 2022
- Full Text
- View/download PDF
9. An Introduction to Collective and Cooperative Systems
- Author
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Murphey, Robert, Pardalos, Panos M., editor, Hearn, Donald, editor, and Murphey, Robert, editor
- Published
- 2002
- Full Text
- View/download PDF
10. Games and teams with shared constraints.
- Author
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Kulkarni, Ankur A.
- Subjects
- *
ENERGY economics , *GAME theory , *UTILITY functions - Abstract
Energy systems of the future are envisaged to encompass multiple interacting autonomous entities. The theory of games provides the foundations for the design and analysis of such systems. This paper reviews models and results that would be of use for such analysis. Classically, games have involved players whose strategies are coupled only through the dependence of utility functions on strategies of other players. However, in many practical settings in the energy domain, system-level limitations bind the choices players can make. In 1965, Rosen (Econometrica 33, 520-534 (doi:10.2307/1911749)) pioneered the study of a class of games where there is a common constraint, called a shared constraint, that couples the strategies available to the players. We discuss how this seemingly benign extension has important ramifications, ranging from the very definition of an equilibrium concept, to other key issues such as existence, uniqueness and efficiency of equilibria. We show how the presence of a shared constraint naturally leads to notions of a price and forms the motivations for more recent models. Although most of the paper has the character of a survey, occasionally we also prove new results. [ABSTRACT FROM AUTHOR]
- Published
- 2017
- Full Text
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11. What is the relationship between coaching interventions and team effectiveness?
- Author
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Mona Haug
- Subjects
collaborative action research ,team effectiveness ,team coaching ,team theory ,communication ,Special aspects of education ,LC8-6691 ,Industrial psychology ,HF5548.7-5548.85 - Abstract
This article concerns research undertaken with a cross-functional team preparing the market launch of a new product in Germany. The research aim was to find out whether there is a relationship between team and one-to-one coaching interventions and team effectiveness. Collaborative Action Research was chosen as a methodology to collect authentic, significant and trustworthy data from participants. Methods included semi-structured interviews, pre-test and post-test questionnaires, participant observation, individual and group feedback, and a researcher’s diary. The aim of the study is to demonstrate the potential for tailored coaching interventions in relation to organisational outcomes.
- Published
- 2011
12. Decentralized stochastic control.
- Author
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Mahajan, Aditya and Mannan, Mehnaz
- Subjects
- *
STOCHASTIC processes , *DYNAMIC programming , *DECENTRALIZED control systems , *STOCHASTIC control theory , *DATA structures - Abstract
Decentralized stochastic control refers to the multi-stage optimization of a dynamical system by multiple controllers that have access to different information. Decentralization of information gives rise to new conceptual challenges that require new solution approaches. In this expository paper, we use the notion of an information-state to explain the two commonly used solution approaches to decentralized control: the person-by-person approach and the common-information approach. [ABSTRACT FROM AUTHOR]
- Published
- 2016
- Full Text
- View/download PDF
13. ON THE EXISTENCE OF OPTIMAL POLICIES FOR A CLASS OF STATIC AND SEQUENTIAL DYNAMIC TEAMS.
- Author
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GUPTA, ABHISHEK, YÜKSEL, SERDAR, BAŞAR, TAMER, and LANGBORT, CÉEDRIC
- Subjects
- *
DECENTRALIZED control systems , *INFORMATION asymmetry , *STOCHASTIC control theory , *DATA structures , *COST functions - Abstract
In this paper, we identify sufficient conditions under which static teams and a class of sequential dynamic teams admit team-optimal solutions. We first investigate the existence of optimal solutions in static teams where the observations of the decision makers are conditionally independent given the state and satisfy certain regularity conditions. Building on these findings and the static reduction method of Witsenhausen, we then extend the analysis to sequential dynamic teams. In particular, we show that a large class of dynamic linear-quadratic-Gaussian (LQG) teams, including the vector version of the well-known Witsenhausen's counterexample and the Gaussian relay channel problem viewed as a dynamic team, admit team-optimal solutions. Results in this paper substantially broaden the class of stochastic control problems with nonclassical information known to have optimal solutions. [ABSTRACT FROM AUTHOR]
- Published
- 2015
- Full Text
- View/download PDF
14. Team performance and collective efficacy in the dynamic psychology of competitive team: A Bayesian network analysis.
- Author
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Fuster-Parra, P., García-Mas, A., Ponseti, F.J., and Leo, F.M.
- Subjects
- *
PSYCHODYNAMICS , *FOOTBALL players , *LEADERSHIP , *REASONING , *MARKOV processes , *BAYESIAN analysis - Abstract
The purpose of this paper was to discover the relationships among 22 relevant psychological features in semi-professional football players in order to study team’s performance and collective efficacy via a Bayesian network (BN). The paper includes optimization of team’s performance and collective efficacy using intercausal reasoning pattern which constitutes a very common pattern in human reasoning. The BN is used to make inferences regarding our problem, and therefore we obtain some conclusions; among them: maximizing the team’s performance causes a decrease in collective efficacy and when team’s performance achieves the minimum value it causes an increase in moderate/high values of collective efficacy . Similarly, we may reason optimizing team collective efficacy instead. It also allows us to determine the features that have the strongest influence on performance and which on collective efficacy . From the BN two different coaching styles were differentiated taking into account the local Markov property: training leadership and autocratic leadership . [ABSTRACT FROM AUTHOR]
- Published
- 2015
- Full Text
- View/download PDF
15. Team MMSE Precoding with Applications to Cell-free Massive MIMO
- Author
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Lorenzo Miretti, Emil Bjornson, David Gesbert, and Publica
- Subjects
FOS: Computer and information sciences ,team minimum mean-square error (TMMSE) ,Applied Mathematics ,Information Theory (cs.IT) ,Computer Science - Information Theory ,distributed processing ,Electrical and Electronic Engineering ,radio stripes ,Cell-free massive MIMO ,precoding ,team theory ,Computer Science Applications ,Computer Science::Information Theory - Abstract
This article studies a novel distributed precoding design, coined team minimum mean-square error (TMMSE) precoding, which rigorously generalizes classical centralized MMSE precoding to distributed operations based on transmitter-specific channel state information (CSIT). Building on the so-called theory of teams, we derive a set of necessary and sufficient conditions for optimal TMMSE precoding, in the form of an infinite dimensional linear system of equations. These optimality conditions are further specialized to cell-free massive MIMO networks, and explicitly solved for two important examples, i.e., the classical case of local CSIT and the case of unidirectional CSIT sharing along a serial fronthaul. The latter case is relevant, e.g., for the recently proposed radio stripe concept and the related advances on sequential processing exploiting serial connections. In both cases, our optimal design outperforms the heuristic methods that are known from the previous literature. Duality arguments and numerical simulations validate the effectiveness of the proposed team theoretical approach in terms of ergodic achievable rates under a sum-power constraint.
- Published
- 2021
16. Communication and influence
- Subjects
Organizations ,Team theory ,Communication ,Invariant method - Published
- 2021
17. Communication and influence
- Author
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Calvó-Armengol, Antoni, Martí Beltran, Joan de, and Prat, Andrea
- Subjects
Organizations ,Team theory ,Communication ,Invariant method - Abstract
We study the information flows that arise among a set of agents with local knowledge and directed payoff interactions, which differ among pairs of agents. First, we study the equilibrium of a game where, before making decisions, agents can invest in pairwise active communication (speaking) and pairwise passive communication (listening). This leads to a full characterization of information and influence flows. Second, we show that when the coordination motive dominates the adaptation motive, the influence of an agent on all his peers is approximately proportional to his eigenvector centrality. Third, we use our results to explain organizational phenomena such as the emergence of work "cliques," the adoption of human resources practices that foster communication (especially active communication), and the discrepancy between formal hierarchy and actual influence.
- Published
- 2021
18. Rapid, robust, distributed evaluation and control of train scheduling on a single line track.
- Author
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Bersani, Chiara, Qiu, Siqi, Sacile, Roberto, Sallak, Mohamed, and Schön, Walter
- Subjects
- *
SPEED of railroad trains , *RAILROAD trains , *TRAIN dispatching , *HIGH speed trains , *RAILROAD tracks , *DYNAMICS - Abstract
The technology for controlling the distance between two trains is shifting from traditional fixed red, yellow and green signals on the infrastructure track circuits towards more and more dynamic systems, which are based on moving blocks, where the distance is computed according to real-time positioning, and the control of the distance is computed on-line. This is the case, for example, in the European Rail Traffic Management System (ERTMS), which proposes three different levels, from 1 to 3. This paper addresses the time-honoured problem of scheduling trains on a single track, in the light of recent results in robust team decision theory. The control model can be used in two modes: as a decision support tool for train dispatchers to evaluate the distance between trains in the current schedule, and as a planning tool to evaluate the effects of timetable changes. The main contribution of the paper is the application of a recent result in robust team decision theory to control noncritical train distances in moving blocks, such as in ERTMS Level 3. The case study is related to real data from an ERTMS simulation and controller software tool. [ABSTRACT FROM AUTHOR]
- Published
- 2015
- Full Text
- View/download PDF
19. Decentralized Control of the Power Flows in a Network of Smart Microgrids Modeled as a Team of Cooperative Agents.
- Author
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Dagdougui, Hanane and Sacile, Roberto
- Subjects
ENERGY storage ,POWER (Mechanics) ,FORCE & energy ,MACHINE theory ,ROBOT dynamics - Abstract
The focus of this paper is on the decentralized control of smart microgrids (SMGs), where each microgrid is modeled as an inventory system locally producing energy by wind/solar sources. The objective is to satisfy the internal demand, and to exchange power with its local energy storage technology, the main grid, and other similar microgrids of the region. The problem faced, within this context, is the optimization (minimization) of the costs of energy storage and power exchanged among SMGs. A decentralized control strategy is proposed, which allows the storage level in each microgrid to operate around a reference value by cooperatively sharing power between microgrids. A distributed control approach is presented where different agents, one for each microgrid and one for each power line, agree on a saddle point of a local function. The approach is based on the classical work of Arrow refid="ref23"/ on convex optimization, which has seen renewed interest with its recent application to team theory and in its connection with the decomposition of feedback systems. An example is illustrated to show the practical use and the limitations of the method. [ABSTRACT FROM AUTHOR]
- Published
- 2014
- Full Text
- View/download PDF
20. The science of teams in the military: Contributions from over 60 years of research
- Author
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Nikki Blacksmith, Meredith R. Coats, and Gerald F. Goodwin
- Subjects
Structure (mathematical logic) ,Military research ,Team theory ,Research ,05 social sciences ,Psychological intervention ,Team effectiveness ,Historical Article ,050109 social psychology ,General Medicine ,PsycINFO ,History, 20th Century ,History, 21st Century ,Group Processes ,Military personnel ,Military Personnel ,Political science ,0502 economics and business ,Humans ,0501 psychology and cognitive sciences ,Engineering ethics ,Cooperative Behavior ,050203 business & management ,General Psychology - Abstract
Teams are the foundational building blocks of the military, which uses a hierarchical structure built on and around teams to form larger units. Consequently, team effectiveness has been a substantial focus of research within the military for decades to ensure military teams have the human capabilities to complete their missions and address future challenges successfully. This research has contributed greatly to broader team theory and informed the development of evidence-based interventions. Team-focused research supported or executed by the military has yielded major insights into the nature of team performance, advanced the methods for measuring and improving team performance, and broken new ground in understanding the assembly of effective teams. Furthermore, military research has made major contributions to advancing methodological and statistical techniques for studying teams. We highlight the military contributions to the broader team literature and conclude with a discussion of critical areas of future research on teams and enduring challenges for both the military and team science as a whole. (PsycINFO Database Record
- Published
- 2018
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21. OPTIMAL FINITE-TIME CONSENSUS ON FIXED AND PERIODIC GRAPHS.
- Author
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GHOSH, SUPRATIM and JI-WOONG LEE
- Subjects
- *
OPTIMAL control theory , *MULTIAGENT systems , *GRAPH theory , *DECENTRALIZED control systems , *MATHEMATICAL optimization , *FEEDBACK control systems - Abstract
Synthesis of optimal controllers achieving finite-time consensus for multiagent networks described by fixed or periodic connectivity graphs is considered. The solution procedure involves posing a partially nested, finite-horizon decentralized control problem and converting it to a static convex optimization problem by a quadratic invariance argument. The dynamic feedback controller thus synthesized optimizes a transient performance measure and guarantees consensus within a minimal number of steps. [ABSTRACT FROM AUTHOR]
- Published
- 2013
- Full Text
- View/download PDF
22. Quantization of Prior Probabilities for Collaborative Distributed Hypothesis Testing.
- Author
-
Rhim, Joong Bum, Varshney, Lav R., and Goyal, Vivek K
- Subjects
- *
BAYESIAN analysis , *STATISTICAL hypothesis testing , *DIVERGENCE theorem , *GEOMETRIC quantization , *PROBABILITY theory - Abstract
This paper studies the quantization of prior probabilities, drawn from an ensemble, in distributed detection with data fusion by combination of binary local decisions. Design and performance equivalences between a team of N agents and a more powerful single agent are obtained. Effects of identical quantization and diverse quantization on mean Bayes risk are compared. It is shown that when agents using diverse quantizers interact to agree on a perceived common risk, the effective number quantization levels is increased. With this collaboration, optimal diverse regular quantization with K cells per quantizer performs as well as optimal identical quantization with N(K-1)+1 cells per quantizer. Similar results are obtained for the maximum Bayes risk error criterion. [ABSTRACT FROM PUBLISHER]
- Published
- 2012
- Full Text
- View/download PDF
23. TEAM THEORY AND PERSON-BY-PERSON OPTIMIZATION WITH BINARY DECISIONS.
- Author
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BAUSO, D. and PESENTI, R.
- Subjects
- *
MATHEMATICAL optimization , *MAXIMA & minima , *OPERATIONS research , *MATHEMATICAL analysis , *ALGORITHMS - Abstract
In this paper, we extend the notion of person-by-person (pbp) optimization to binary decision spaces. The novelty of our approach is the adaptation to a dynamic team context of notions borrowed from the pseudo-boolean optimization field as completely local-global or unimodal functions and submodularity. We also generalize the concept of pbp optimization to the case where groups of m decisions makers make joint decisions sequentially, which we refer to as mbm optimization. The main contribution is a description of sufficient conditions, verifiable in polynomial time, under which a pbp or an mbm optimization algorithm converges to the team-optimum. As a second contribution, we present a local and greedy algorithm characterized by approximate decision strategies (i.e., strategies based on a local state vector) that return the same decisions as in the complete information framework (where strategies are based on full state vector). As a last contribution, we also show that there exists a subclass of submodular team problems, recognizable in polynomial time, for which the pbp optimization converges for at least an opportune initialization of the algorithm. [ABSTRACT FROM AUTHOR]
- Published
- 2012
- Full Text
- View/download PDF
24. Dynamic sequential team multi-hypothesis testing under uniformly distributed nonstationary observations
- Author
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Lee, Ji-Woong and Dullerud, Geir E.
- Subjects
- *
HYPOTHESIS , *REASONING , *BAYESIAN analysis , *STATISTICAL decision making - Abstract
Abstract: We consider a dynamic team of communicating decision makers performing Bayesian sequential multi-hypothesis testing under nonstationary observations. A simple decision rule is shown to be member-by-member optimal if the observations are uniformly distributed, if the observation costs are defined to reflect the quality of observations, and if “vague” terminal decisions are allowed without additional penalty. The “vague” terminal decisions can be made “clear” by performing a finite number of member-by-member optimal sequential decisions successively. [Copyright &y& Elsevier]
- Published
- 2008
- Full Text
- View/download PDF
25. RENDEZVOUS SEARCH WITH REVEALED INFORMATION: APPLICATIONS TO THE LINE.
- Author
-
Alpern, Steve
- Subjects
BAYESIAN analysis ,STATISTICAL decision making ,PROBABILITY theory ,GAME theory ,MATHEMATICAL symmetry - Abstract
The symmetric rendezvous problem on a network Q asks how two players, forced to use the same mixed strategy, can minimize their expected meeting time, starting from a known initial distribution on the nodes of Q. This minimum is called the (symmetric) ‘rendezvous value’ of Q. Traditionally, the players are assumed to receive no information while playing the game. We consider the effect on rendezvous times of giving the players some information about past actions and chance moves, enabling each of them to apply Bayesian updates to improve his knowledge of the other's whereabouts. This technique can be used to give lower bounds on the rendezvous times of the original game (without any revealed information). We consider the case in which they are placed a known distance apart on the line graph Q (known as ‘symmetric rendezvous on the line’). Our approach is to concentrate on a general analysis of the effect of revelations, rather than compute the best bounds possible with our technique. [ABSTRACT FROM AUTHOR]
- Published
- 2007
- Full Text
- View/download PDF
26. AN APPROXIMATION ALGORITHM FOR THE DISCRETE TEAM DECISION PROBLEM.
- Author
-
Cogill, Randy and Lall, Sanjay
- Subjects
- *
MATHEMATICAL analysis , *NUMERICAL analysis , *APPROXIMATION theory , *ALGORITHMS , *SENSOR networks , *DETECTORS - Abstract
In this paper we study a discrete version of the classical team decision problem. It has been shown previously that the general discrete team decision problem is NP-hard. Here we present an efficient approximation algorithm for this problem. For the maximization version of this problem with nonnegative rewards, this algorithm computes decision rules which are guaranteed to be within a fixed bound of optimal. [ABSTRACT FROM AUTHOR]
- Published
- 2006
- Full Text
- View/download PDF
27. A CLASS OF TEAM PROBLEMS WITH DISCRETE ACTION SPACES:OPTIMALITY CONDITIONS BASED ON MULTIMODULARITY.
- Author
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De Waal, Peter R. and van Schuppen, Jan H.
- Subjects
- *
TEAMS in the workplace , *DECISION making , *MATHEMATICAL models , *PERSONNEL management - Abstract
In this paper we discuss a class of team problems with discrete action spaces. We introduce multimodularity into team theory as a natural alternative to convexity in continuous spaces. The main result relates coordinatewise-optimal (cw-optimal) points to the optimal team decision for a class of team problems. The method is based on a characterization of coordinatewise minima of multimodular functions. [ABSTRACT FROM AUTHOR]
- Published
- 2000
- Full Text
- View/download PDF
28. On-off Dual Channel Coding as a Team Decision Problem
- Author
-
Maurizio Mongelli and Franco Davoli
- Subjects
0209 industrial biotechnology ,Optimization problem ,Computer science ,Decision theory ,020208 electrical & electronic engineering ,Transmitter ,On-off coding ,Single-letter coding ,Team theory ,Data_CODINGANDINFORMATIONTHEORY ,02 engineering and technology ,Decision problem ,020901 industrial engineering & automation ,Quadratic equation ,0202 electrical engineering, electronic engineering, information engineering ,Side channel attack ,Algorithm ,Encoder ,Computer Science::Information Theory ,Coding (social sciences) - Abstract
We consider the “single-letter” (“one-shot” or “zero-delay”) source-channel coding of a sensor's measurements in the presence of two channels as a constrained team decision theory problem. Under a global power constraint and quadratic distortion measure, the action space of coding strategies is restricted to on-off (transmission or silence) decisions. The latter are communicated to the decoder through a binary side channel, whereas in case of transmission the uncoded analog measurement is sent over the main communication channel between the transmitter and the receiver. By further restrictions on the behavior of the encoder, suboptimal team control strategies are derived in closed form, along with their parameters that stem from a numerical optimization problem. The distortion of the resulting strategy is compared with other schemes under non-Gaussian source and noise.
- Published
- 2019
- Full Text
- View/download PDF
29. Decentralized Stochastic Control with Partial History Sharing: A Common Information Approach.
- Author
-
Nayyar, Ashutosh, Mahajan, Aditya, and Teneketzis, Demosthenis
- Subjects
- *
STOCHASTIC control theory , *INFORMATION sharing , *MARKOV processes , *DECISION making , *OPTIMAL control theory , *DYNAMIC programming - Abstract
A general model of decentralized stochastic control called partial history sharing information structure is presented. In this model, at each step the controllers share part of their observation and control history with each other. This general model subsumes several existing models of information sharing as special cases. Based on the information commonly known to all the controllers, the decentralized problem is reformulated as an equivalent centralized problem from the perspective of a coordinator. The coordinator knows the common information and selects prescriptions that map each controller's local information to its control actions. The optimal control problem at the coordinator is shown to be a partially observable Markov decision process (POMDP) which is solved using techniques from Markov decision theory. This approach provides 1) structural results for optimal strategies and 2) a dynamic program for obtaining optimal strategies for all controllers in the original decentralized problem. Thus, this approach unifies the various ad-hoc approaches taken in the literature. In addition, the structural results on optimal control strategies obtained by the proposed approach cannot be obtained by the existing generic approach (the person-by-person approach) for obtaining structural results in decentralized problems; and the dynamic program obtained by the proposed approach is simpler than that obtained by the existing generic approach (the designer's approach) for obtaining dynamic programs in decentralized problems. [ABSTRACT FROM PUBLISHER]
- Published
- 2013
- Full Text
- View/download PDF
30. Decentralized optimality conditions of stochastic differential decision problems via Girsanov’s measure transformation
- Author
-
Charalambous, Charalambos D.
- Published
- 2016
- Full Text
- View/download PDF
31. Bootstrapping Your Team for Higher Performance
- Author
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Gita Stybe, Morten Bjerregaard Pedersen, Jørn Johansen, and Jan Pries-Heje
- Subjects
Value (ethics) ,Self-assessment ,Team theory ,Knowledge management ,Bootstrapping (electronics) ,Computer science ,business.industry ,0502 economics and business ,05 social sciences ,050209 industrial relations ,business ,050203 business & management ,Agile software development - Abstract
In a major IT development organization, individuals were too often working alone and sub-optimizing. Their performance was not anywhere near the desired level. Analysis indicated that this was due to a number of common factors which lacked attention. To address this, a framework with eight factors grounded in cross-disciplinary theory was developed and evaluated in the organization. It emerged that a self-assessment approach to the eight factors, coupled with training in team theory and facilitated workshops can provide significant value. In the paper, we present the overall framework and details of how to apply it. Furthermore, we present relevant examples and lessons learned. We conclude that you can “bootstrap” yourself to become a higher performing team through facilitated self-assessments using the eight factors.
- Published
- 2019
- Full Text
- View/download PDF
32. Optimal Control Strategies in Delayed Sharing Information Structures.
- Author
-
Nayyar, Ashutosh, Mahajan, Aditya, and Teneketzis, Demosthenis
- Subjects
- *
INFORMATION sharing , *STOCHASTIC control theory , *MARKOV processes , *DECISION theory , *RANDOM variables , *MATHEMATICAL decomposition , *ELECTRONIC noise - Abstract
The n-step delayed sharing information structure is investigated. This information structure comprises of K controllers that share their information with a delay of n time steps. This information structure is a link between the classical information structure, where information is shared perfectly between the controllers, and a non-classical information structure, where there is no “lateral” sharing of information among the controllers. Structural results for optimal control strategies for systems with such information structures are presented. A sequential methodology for finding the optimal strategies is also derived. The solution approach provides an insight for identifying structural results and sequential decomposition for general decentralized stochastic control problems. [ABSTRACT FROM PUBLISHER]
- Published
- 2011
- Full Text
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33. A topology for Team Policies and Existence of Optimal Team Policies in Stochastic Team Theory
- Author
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Naci Saldi
- Subjects
FOS: Computer and information sciences ,0209 industrial biotechnology ,Class (set theory) ,Computer science ,Topology (electrical circuits) ,Systems and Control (eess.SY) ,02 engineering and technology ,Topology ,Reduction (complexity) ,020901 industrial engineering & automation ,FOS: Electrical engineering, electronic engineering, information engineering ,FOS: Mathematics ,Computer Science - Multiagent Systems ,Electrical and Electronic Engineering ,Set (psychology) ,Mathematics - Optimization and Control ,Computer Science::Information Theory ,Team theory ,Decentralised system ,Computer Science Applications ,Computer Science::Multiagent Systems ,Optimization and Control (math.OC) ,Control and Systems Engineering ,Computer Science - Systems and Control ,Multiagent Systems (cs.MA) ,Counterexample - Abstract
In this paper, we establish the existence of team-optimal policies for static teams and a class of sequential dynamic teams. We first consider the static team problems and show the existence of optimal policies under certain regularity conditions on the observation channels by introducing a topology on the set of policies. Then we consider sequential dynamic teams and establish the existence of an optimal policy via the static reduction method of Witsenhausen. We apply our findings to the well-known counterexample of Witsenhausen and the Gaussian relay channel problem., 9 pages, double column
- Published
- 2017
34. Games and teams with shared constraints
- Author
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Ankur A. Kulkarni
- Subjects
0209 industrial biotechnology ,Team theory ,Variational-Inequalities ,Management science ,Equilibrium ,General Mathematics ,Energy (esotericism) ,05 social sciences ,General Engineering ,General Physics and Astronomy ,Shared Constraints ,02 engineering and technology ,Articles ,Generalized Nash Games ,Team Theory ,020901 industrial engineering & automation ,Game Theory ,0502 economics and business ,Mathematical economics ,Game theory ,050205 econometrics ,Mathematics - Abstract
Energy systems of the future are envisaged to encompass multiple interacting autonomous entities. The theory of games provides the foundations for the design and analysis of such systems. This paper reviews models and results that would be of use for such analysis. Classically, games have involved players whose strategies are coupled only through the dependence of utility functions on strategies of other players. However, in many practical settings in the energy domain, system-level limitations bind the choices players can make. In 1965, Rosen (Econometrica33, 520–534 (doi:10.2307/1911749)) pioneered the study of a class of games where there is a common constraint, called ashared constraint, that couples the strategies available to the players. We discuss how this seemingly benign extension has important ramifications, ranging from the very definition of an equilibrium concept, to other key issues such as existence, uniqueness and efficiency of equilibria. We show how the presence of a shared constraint naturally leads to notions of a price and forms the motivations for more recent models. Although most of the paper has the character of a survey, occasionally we also prove new results.This article is part of the themed issue ‘Energy management: flexibility, risk and optimization’.
- Published
- 2017
35. Expanding the study of organizational behaviour in family business: Adapting team theory to explore family firms
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Tim Barnett, Allison W. Pearson, and Erich B. Bergiel
- Subjects
Organizational Behavior and Human Resource Management ,Team theory ,Family business ,business.industry ,Field (Bourdieu) ,Perspective (graphical) ,Public relations ,Economic Justice ,Power (social and political) ,Organizational behavior ,Psychology ,business ,Social psychology ,Applied Psychology - Abstract
The manuscript “The study of organizational behavior in family business” (this issue), contends “FBs have been largely overlooked in the organizational behavior literature,” yet family businesses are argued to be unique because of the behavioural influence of one particular group—the family. Indeed the authors argue that the very nature of family relationships is at the essence of what makes family firms unique from other organizational forms. This research paradox of the very need for behavioural understanding, contrasted with the lack of organizational behaviour (OB) research in family firms, is both interesting and puzzling. The authors provide excellent guidance on how the field of OB can be used to explore these behavioural influences from the perspective of four relevant topics: values and goals, leadership and power, trust and justice, and conflict. To extend and further the discussion of OB, this commentary introduces the concepts and theories related to teams, to further explore the unique contex...
- Published
- 2014
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36. An Equilibrium Theory for Multi-Person Multi-Criteria Stochastic Decision Problems with Multiple Subjective Probability Measures
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Başar, Tamer, Víšek, Jan Ámos, editor, and Kožešnik, J.
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- 1983
- Full Text
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37. Развитие детского ученического коллектива как основная педагогическая задача в организации деятельности современной школы
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the education system ,ученический коллектив ,modernization of the education system ,воспитание в школе ,коллективное творческое воспитание ,the collective creative education of students ,a holistic pedagogical process ,the process of education ,система образования ,теория коллектива ,процесс воспитания ,student staff ,модернизация системы образования ,team theory ,education in schools - Abstract
в статье обсуждается проблема, связанная с необходимостью актуализации в широкой образовательной практике идеи развития процесса коллективообразования детских сообществ в различных по типу образовательных организациях и технологий коллективного творческого воспитания школьников. Автором подчёркивается, что в настоящее время в системе отечественного образования задачам формирования школьного ученического коллектива (коллектива учащихся класса) не уделяется должного внимания. В организации жизнедеятельности образовательных организаций многими администрациями и педагогическими коллективами школ данное направление работы не определяется как одно из основных в решении профессиональных задач в ходе специально организуемого педагогического процесса. В статье определяется, что детским ученическим коллективам в теории и практике отечественного школьного образования всегда придавалось большое значение, однако на современном этапе развития системы отечественного образования данное направление работы является незаслуженно забытым и недооценённым. Оптимизация деятельности школ по развитию детских ученических коллективов на современном этапе модернизации образовательной политики государства определяется исследователем как ключевая педагогическая цель, способствующая повышению качества функционирования каждой образовательной организации., The article discusses the problem associated with the need updating in general educational practice the idea development process kollektivoobrazovaniya children's communities in various types of educational institutions and technology collective of creative education in schools. The author emphasizes that the current system of national education objectives of formation of school-student team (team graders) have been neglected.
- Published
- 2016
38. Dilemmas of ethics committees’ effectiveness: a management and team theory contribution
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Ana Shetach
- Subjects
Teamwork ,Team theory ,Management theory ,business.industry ,media_common.quotation_subject ,Ethics committee ,Medicine (miscellaneous) ,Management ,Philosophy ,Issues, ethics and legal aspects ,Medicine ,Engineering ethics ,business ,media_common - Abstract
This paper attempts to draw on management theory and practice and, more specifically, on know-how from the study of teamwork, to seek insights into enhancing the effectiveness of hospital ethics committees and clinical ethics committees (CECs), with the aim of contributing to heath-care organizations’ effective and efficient decision-making and operation. Based on an analysis of the obstacles that stand in the way of ethics committees’ (ECs’) efficient functioning, five specific conditions for EC success are brought forth. A couple of practical tools for their attainment are proposed. The article suggests that the construction of those committees, as well as the working procedures that may render them effective, should be flexible and made adaptable to the specific assignment or case, which is dealt with by that committee, at the time; and that the optimal set of procedures to adopt, throughout the working sessions of ECs, are those which will gear the committee with the means to contribute to the eventual materializing and finalization of a quality and practical set of decisions; for the benefit of patients, their families, health-care organizations and the community, alike.
- Published
- 2012
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39. Creating High Reliability Teams in Healthcare through In situ Simulation Training
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Stan Davis, Carmen Parrotta, William J. Riley, Elizabeth Lownik, and Kristi Miller Rn
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Knowledge management ,media_common.quotation_subject ,education ,active failures ,team formation ,In situ simulation ,behavior markers ,high reliability ,interdisciplinary teams ,jel:L ,Patient safety ,jel:M ,InformationSystems_GENERAL ,ddc:350 ,Health care ,Reliability (statistics) ,media_common ,Teamwork ,Team theory ,business.industry ,General Business, Management and Accounting ,jel:M0 ,jel:M1 ,lcsh:Political institutions and public administration (General) ,jel:M10 ,jel:M11 ,jel:M14 ,jel:M15 ,jel:M12 ,lcsh:JF20-2112 ,Business ,jel:M16 - Abstract
The importance of teamwork on patient safety in healthcare has been well established. However, the theory and research of healthcare teams are seriously lacking in clinical application. While conventional team theory assumes that teams are stable and leadership is constant, a growing body of evidence indicates that most healthcare teams are unstable and lack constant leadership. For healthcare organizations to reduce error and ensure patient safety, the true nature of healthcare teams must be better understood. This study presents a taxonomy of healthcare teams and the determinants of high reliability in healthcare teams based on a series of studies undertaken over a five-year period (2005–2010).
- Published
- 2011
40. Interdependence, Conflict, and Conflict Resolution: Design's Relationships with R & D, Marketing, and Manufacturing
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Eric M. Olson
- Subjects
Engineering ,Team theory ,Knowledge management ,Multidisciplinary approach ,business.industry ,Conflict resolution ,Key (cryptography) ,Business activities ,business - Abstract
THERE'S A LOT OF TALK about team theory and multidisciplinary strategies for getting work done, but what's the reality regarding the interaction among different organizational functions? Based on a study of actual projects, Eric Olson has developed data on design's integration with three key business activities, and then used that information to make specific recommendations for improving interdisciplinary cooperation.
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- 2010
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41. Power Perspective: A New Framework for Top Management Team Theory
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Zhiqiang Song, Yuhui Ge, and Yueming Chen
- Subjects
Black box (phreaking) ,Power (social and political) ,Team theory ,Knowledge management ,Conceptual framework ,business.industry ,Perspective (graphical) ,Top management ,Team process ,Psychology ,business ,Outcome (game theory) - Abstract
Top management team theory (TMTT) has been researching on the relationship between top management team (TMT) and organization outcome through demographic characteristic and its heterogeneity. As the researcher failed to solve the “black box” problem, they get no consistent findings. Power perspective of TMTT will help out of the research predicament, so to focus on combing and assessing the TMT power, demographic characteristic based TMTT research and TMT team process. Based on the early research works, new research framework of power-based TMTT and future research suggestions are proposed.
- Published
- 2010
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42. Trust and technologies: Implications for organizational work practices
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Joe Nandhakumar and Melanie Ashleigh
- Subjects
Social psychology (sociology) ,Team theory ,Information Systems and Management ,Knowledge management ,Energy distribution ,business.industry ,Perspective (graphical) ,Organizational work ,Grid ,Management Information Systems ,Management ,Arts and Humanities (miscellaneous) ,Content analysis ,Developmental and Educational Psychology ,Repertory grid ,Sociology ,business ,Information Systems - Abstract
In this paper, we empirically investigate the concept of trust across organizational work practices by examining three groups: within the team, between teams and when interacting with technology. This study adopts Repertory Grid methodology as an interview based technique to elicit important constructs of trust to engineering teams working in two organizations within the energy distribution industry. Thirteen key constructs of trust were identified using content analysis. Drawing on the understanding gained, this paper discusses the implications for theories on trust within teams working with technology across organizations and provides a grounded perspective that could be used as a basis for further research.
- Published
- 2007
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43. Sme networks: a view from theories of club and team
- Author
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María Verónica Alderete
- Subjects
REDES ENTRE EMPRESAS ,Argentina ,equipos, teoría de clubes, cooperación, pequeñas y medianas empresas, Argentina, Brasil ,Economía y Negocios ,lcsh:Economic history and conditions ,CIENCIAS SOCIALES ,Sociology ,purl.org/becyt/ford/5.2 [https] ,pequeñas y medianas empresas ,ARGENTINA ,Team theory ,purl.org/becyt/ford/5 [https] ,EQUIPOS ,TEORÍA DE CLUBES Y EQUIPOS ,Brasil ,Welfare economics ,lcsh:Economic theory. Demography ,Perspective (graphical) ,PEQUEÑAS Y MEDIANAS EMPRESAS ,cooperación ,CLASIFICACIÓN DE CASOS ,Economía, Econometría ,Club theory ,lcsh:HB1-3840 ,jel:L2 ,teoría de clubes ,equipos ,BRASIL ,lcsh:HC10-1085 ,jel:D2 ,COOPERACIÓN ,jel:D7 ,General Economics, Econometrics and Finance - Abstract
Este artículo propone una taxonomía de casos observados de redes de pymes según se asemejen más a una actividad de trabajo en equipo o a la provisión de un bien club, es decir, un nuevo enfoque metodológico para analizar las redes de empresas desde el punto de vista de ambas teorías que complementa otras líneas teóricas. Esta propuesta no solo amplía la literatura sino que puede servir como herramienta para desarrollar las empresas y las redes. Primero hace una breve revisión de las teorías de clubes y de equipos. Luego sistematiza la información de algunas experiencias de redes de empresas de Argentina y Brasil según una u otra, o ambas. Después establece algunas dimensiones que se deben considerar cuando se interpreta una red de acuerdo con estas teorías. El análisis de los casos sugiere un nuevo marco teórico para analizar la cooperación y hacer breves recomendaciones de política. Fil: Alderete, Maria Veronica. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Bahía Blanca. Instituto de Investigaciones Económicas y Sociales del Sur. Universidad Nacional del Sur. Departamento de Economía. Instituto de Investigaciones Económicas y Sociales del Sur; Argentina
- Published
- 2015
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44. Noninferior Nash Strategies for Multi-Team Systems
- Author
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Y. Liu and Marwan A. Simaan
- Subjects
Class (computer programming) ,Team theory ,Control and Optimization ,Analytical expressions ,Operations research ,Order (exchange) ,Applied Mathematics ,Theory of computation ,Team leader ,Management Science and Operations Research ,Game theory ,Mathematics ,Nash solution - Abstract
This paper is concerned with the optimization of systems that are controlled by several teams of decision makers. The decision makers within each team cooperate for the benefit of their team. On the other hand, the teams compete among themselves in order to achieve an objective that relates to the overall performance of the system. An approach that merges concepts from team theory and game theory for dealing with such systems and a solution called the noninferior Nash strategy are introduced. This multi-team solution provides a new framework for analyzing hierarchically controlled systems so as to address complicated coordination problems among the decision makers. The properties of the noninferior Nash solution in static multi-team systems are investigated and necessary conditions for its existence are derived. Analytical expressions for the noninferior Nash strategies are derived for a class of linear-quadratic static multi-team games. In order to deal with the issue of nonuniqueness of the solution, the concept of a noninferior Nash strategy with a team leader is introduced. Several examples are presented to illustrate the results.
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- 2004
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45. Team theory, garbage cans and real organizations: some history and prospects of economic research on decision-making in organizations
- Author
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Robert Gibbons
- Subjects
Economics and Econometrics ,Team theory ,Economic research ,ComputingMilieux_THECOMPUTINGPROFESSION ,Software_GENERAL ,Organizational economics ,business.industry ,Public relations ,Work (electrical) ,Economics ,Economic model ,Marketing ,business ,Garbage - Abstract
This essay attempts to articulate and advance a long-term agenda for organizational economics. The essay begins with a general discussion of four specific items on this agenda, and then moves to a more specific discussion of decision-making in organizations--beginning with two polar-opposite conceptions (team theory and garbage cans) and then describing several recent economic models. Part of the rationale for writing this essay is that this agenda has both substantive and methodological commonalities with the work of James March. Copyright 2003, Oxford University Press.
- Published
- 2003
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46. Neural approximations of analog joint source-channel coding
- Author
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Maurizio Mongelli and Franco Davoli
- Subjects
Mathematical optimization ,Minimum mean square error ,Real-Time Coding ,Artificial neural network ,Applied Mathematics ,Shannon-Kotel'nikov mapping ,Data_CODINGANDINFORMATIONTHEORY ,neural networks ,Team Theory ,Nonlinear system ,Quadratic equation ,Nonlinear distortion ,source/channel coding ,Signal Processing ,Joint source-channel coding ,Electrical and Electronic Engineering ,Random variable ,Algorithm ,Decoding methods ,Mathematics ,Parametric statistics ,Computer Science::Information Theory - Abstract
An estimation setting is considered, where a number of sensors transmit their observations of a physical phenomenon, described by one or more random variables, to a sink over noisy communication channels. The goal is to minimize a quadratic distortion measure (Minimum Mean Square Error - MMSE) under a global power constraint on the sensors’ transmissions. Linear MMSE encoders and decoders, parametrically optimized in encoders’ gains, Shannon–Kotel’nikov mappings, and nonlinear parametric functional approximators (neural networks) are investigated and numerically compared, highlighting subtle differences in sensitivity and achievable performance.
- Published
- 2015
- Full Text
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47. Communication and influence
- Author
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Calvó-Armengol, Antoni, Martí Beltran, Joan de, and Prat, Andrea
- Subjects
Organizations ,Team theory ,Communication ,Invariant method - Abstract
We study the information flows that arise among a set of agents with local knowledge and directed payoff interactions, which differ among pairs of agents. First, we study the equilibrium of a game where, before making decisions, agents can invest in pairwise active communication (speaking) and pairwise passive communication (listening). This leads to a full characterization of information and influence flows. Second, we show that when the coordination motive dominates the adaptation motive, the influence of an agent on all his peers is approximately proportional to his eigenvector centrality. Third, we use our results to explain organizational phenomena such as the emergence of work "cliques," the adoption of human resources practices that foster communication (especially active communication), and the discrepancy between formal hierarchy and actual influence.
- Published
- 2015
48. Communication and influence
- Author
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Calvó, Antoni, de Martí, Joan, and Prat, Andrea
- Subjects
Organizations ,D83 ,Team theory ,Communication ,ddc:330 ,Invariant method ,D85 - Abstract
We study the information flows that arise among a set of agents with local knowledge and directed payoff interactions, which differ among pairs of agents. First, we study the equilibrium of a game where, before making decisions, agents can invest in pairwise active communication (speaking) and pairwise passive communication (listening). This leads to a full characterization of information and influence flows. Second, we show that when the coordination motive dominates the adaptation motive, the influence of an agent on all his peers is approximately proportional to his eigenvector centrality. Third, we use our results to explain organizational phenomena such as the emergence of work “cliques,” the adoption of human resources practices that foster communication (especially active communication), and the discrepancy between formal hierarchy and actual influence.
- Published
- 2015
49. What Is Team Theory?
- Author
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Jan H. van Schuppen
- Subjects
TheoryofComputation_MISCELLANEOUS ,Team theory ,Global optimum ,Operations research ,Computer science ,Control theory ,Decision rule ,Decision problem ,Decision maker - Abstract
A team problem is a stochastic decision problem with two or more decision makers. The decision is only taken once, there is no time axis as in control theory. The teams strive to optimize a common objective function but have different information to reach their decisions. The team wants to determine an optimum, the global optimum if it exists. To achieve at an optimum, they use the concept of a person-by-person or person-by-person equilibrium. The main problem of team theory is then to determined conditions under which a person-by-person equilibrium is also an optimum or the global optimum, and to compute a person-by-person equilibrium. This chapter restricts attention to what is called static team theory and does not discuss at length dynamic team theory.
- Published
- 2014
- Full Text
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50. Distributed optimal control of a network of virtual power plants with dynamic price mechanism
- Author
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Hanane Dagdougui, Ahmed Ouammi, and Roberto Sacile
- Subjects
bilateral contracts ,business.industry ,media_common.quotation_subject ,Price mechanism ,Distributed computing ,Control (management) ,bidding strategy ,Control engineering ,dynamic price mechanism ,Optimal control ,distributed control ,multi-agent systems ,power balance ,team theory ,Virtual power plants (VPPs) ,Control and Systems Engineering ,Discrete time and continuous time ,Distributed generation ,Management system ,Economics ,State (computer science) ,business ,Function (engineering) ,media_common - Abstract
This paper addresses a distributed control problem faced by a network of virtual power plants (VPPs). The VPP can be represented as a distributed energy management system tasked to aggregate distributed generations (DGs), loads and storage facilities to operate as a unique power plants regardless of their locations. In this framework, the main decisions that need to be established by the VPP decision maker are: 1) to decide how to fulfill its related electric demand including bilateral contracts and 2) to bid in multi-level negotiation schemes to minimize (maximize) in a cooperative way the power bought (sold) from (to) other interconnected VPPs. The proposed approach is based on a team theory framework and on dynamic price mechanism, where all VPPs' agents cooperate on the accomplishment of a common goal which is function of the subsystem state and of some controls which are shared with other subsystems. A distributed control strategy is proposed, and that includes problems in which each agent is able to communicate with other agents. Agents of the VPPs compute the control inputs at discrete time steps based on the information available to them. An example is presented to show the practical use of the method.
- Published
- 2014
- Full Text
- View/download PDF
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