Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
6893082 | Computers & Operations Research | 2014 | 15 Pages |
Abstract
In the paper, we propose a bilevel direct search method for the distributed computation of equilibria in leader-follower problems. This type of direct search methods is designed for characterizing the decision making process where the players' objective functions are not analytically available. We investigate the convergence of the accumulation points yielded by the method to the stationary points of the problems. Finally, we apply the method to a health insurance problem and carry out several numerical examples to illustrate how the method performs when solving leader-follower problems.
Related Topics
Physical Sciences and Engineering
Computer Science
Computer Science (General)
Authors
Dali Zhang, Gui-Hua Lin,