Value of Information in the Deterministic Optimal Resource Extraction Problem with Terminal Constraints

被引：1
|
作者：
Gromova, Ekaterina [1 ]
Bolatbek, Aisana [2 ]
机构：
[1] Transport & Telecommun Inst, LV-1019 Riga, Latvia
[2] Nazarbayev Univ, Sch Engn & Digital Sci, Astana 010000, Kazakhstan
来源：
APPLIED SCIENCES-BASEL | 2023年 / 13卷 / 02期
关键词：
differential game; value of information; optimal control; NONRENEWABLE RESOURCES; GAS; OIL;
D O I：
10.3390/app13020703
中图分类号：
O6 [化学];
学科分类号：
0703 ;
摘要：
In this paper, we consider a continuous-time differential game of non-renewable resource extraction with n players and assume that the terminal conditions of the game vary. To characterize the gain that the players obtain by using precise information, we use the notion of value of information in relation to the knowledge of terminal conditions. The stated problem is studied for two cases, a linear and a nonlinear one. The obtained results are illustrated for the real values of the parameters.
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页数：12
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