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Autores principales: Jeong, Jaewon, Su, Pan-Yang, Sastry, S. Shankar, Aswani, Anil
Formato: Preprint
Publicado: 2026
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Acceso en línea:https://arxiv.org/abs/2605.00158
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author Jeong, Jaewon
Su, Pan-Yang
Sastry, S. Shankar
Aswani, Anil
author_facet Jeong, Jaewon
Su, Pan-Yang
Sastry, S. Shankar
Aswani, Anil
contents Many incentive design problems must contend with information asymmetries due to non-observation of efficiency (adverse selection) or non-observation of effort (moral hazard). And although a growing body of literature considers incentive design in control systems, the problem of designing incentives for control systems under information asymmetries has been less well-studied. This paper considers a model of moral hazard within control systems. In our model, the control system is described by an (affine) linear time-invariant (LTI) system with process noise. There is an agent who gets to choose (from between two choices) a linear state-feedback controller to apply to the LTI system, with one of the state-feedback controllers having a higher quadratic cost on the control inputs than the other. Our goal is to design a payment scheme that incentivizes the agent to choose the state-feedback controller that minimizes a quadratic cost on system states plus the time-discounted payment amount, subject to the understanding that the agent bears the control cost while being risk-averse with respect to their time-discounted payment. We formulate the problem as a constrained optimization, and prove that for a payment given after a fixed (but optimizable) time horizon the optimal payment scheme chooses the payment amount using a likelihood ratio hypothesis test. We numerically demonstrate our results by applying the derived optimal payment scheme to two examples: load frequency control (LFC) in power systems and wellness interventions for body weight loss.
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publishDate 2026
record_format arxiv
spellingShingle Moral Hazard in LTI Dynamics: A Hypothesis Testing Approach
Jeong, Jaewon
Su, Pan-Yang
Sastry, S. Shankar
Aswani, Anil
Optimization and Control
Computer Science and Game Theory
Systems and Control
Many incentive design problems must contend with information asymmetries due to non-observation of efficiency (adverse selection) or non-observation of effort (moral hazard). And although a growing body of literature considers incentive design in control systems, the problem of designing incentives for control systems under information asymmetries has been less well-studied. This paper considers a model of moral hazard within control systems. In our model, the control system is described by an (affine) linear time-invariant (LTI) system with process noise. There is an agent who gets to choose (from between two choices) a linear state-feedback controller to apply to the LTI system, with one of the state-feedback controllers having a higher quadratic cost on the control inputs than the other. Our goal is to design a payment scheme that incentivizes the agent to choose the state-feedback controller that minimizes a quadratic cost on system states plus the time-discounted payment amount, subject to the understanding that the agent bears the control cost while being risk-averse with respect to their time-discounted payment. We formulate the problem as a constrained optimization, and prove that for a payment given after a fixed (but optimizable) time horizon the optimal payment scheme chooses the payment amount using a likelihood ratio hypothesis test. We numerically demonstrate our results by applying the derived optimal payment scheme to two examples: load frequency control (LFC) in power systems and wellness interventions for body weight loss.
title Moral Hazard in LTI Dynamics: A Hypothesis Testing Approach
topic Optimization and Control
Computer Science and Game Theory
Systems and Control
url https://arxiv.org/abs/2605.00158