Abstract
We present a novel modeling approach for supervised teams, which can determine optimal incentives when individual team member contributions are unknown. Our approach is based on multiscale decision theory, which models the agents’ decision processes and their mutual influence. To estimate the initially unknown influence of team members on their supervisor’s success, we develop a linear approximation method that estimates model parameters from historic team performance data. In our analysis, we derive the optimal incentives the supervisor should offer to team members accounting for their varying skill levels. In addition, we identify the information and communication requirements between all agents such that the supervisor can calculate the optimal incentives, and such that team members can calculate their optimal effort responses. We illustrate our methods and the results through a systems engineering example.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
