Optim Lett (2011) 5:333–346
DOI 10.1007/s11590-010-0213-y
ORIGINAL PAPER
Team optimization problems with Lipschitz continuous
strategies
Giorgio Gnecco · Marcello Sanguineti
Received: 10 October 2009 / Accepted: 14 June 2010 / Published online: 1 July 2010
© Springer-Verlag 2010
Abstract Sufficient conditions for the existence and Lipschitz continuity of optimal
strategies for static team optimization problems are studied. Revised statements and
proofs of some results appeared in the literature are presented. Their extensions are
discussed. As an example of application, optimal production in a multidivisional firm
is considered.
Keywords Statistical information structure · Team utility function ·
Value of a team · Optimal production in a firm
1 Introduction
In team optimization problems, a group of decision makers (DMs), each having at
disposal some information and various possibilities of decisions, aims at maximizing
a common goal, expressed via a team utility function. Each DM takes a decision as a
function, called strategy, of its available information. In the model that we adopt in
this paper, the information is expressed via a probability density function, so we have a
statistical information structure [14, Chapter 3]. We consider static team optimization
The authors were partially supported by a grant “Progetti di Ricerca di Ateneo 2008” of the University of
Genoa, project “Solution of Functional Optimization Problems by Nonlinear Approximators and Learning
from Data”.
G. Gnecco · M. Sanguineti (B )
Department of Communications, Computer, and System Sciences (DIST), University of Genoa,
Via Opera Pia 13, 16145 Genova, Italy
e-mail: marcello@dist.unige.it
G. Gnecco
e-mail: giorgio.gnecco@dist.unige.it
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