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Applying game theory application to assess construction site work

Journal: International Journal for Modern Trends in Science and Technology (IJMTST) (Vol.5, No. 11)

Publication Date:

Authors : ;

Page : 70-75

Keywords : IJMTST;

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Game theory usually analyses decision-making processes in various fields. There are different methods of solving decision related problems. Game theory focuses on problem solution from one player's point of view, while game theory emphasizes its analysis in the interaction among many players.Much of game theory is concerned with finite, discrete games, which have a finite number of players, moves, events, outcomes, etc. Many researchers in different research fields' work applied the game theory in: construction engineering, management area. This research shows that the applications to construction site working to identify the activities that are responsible for the delays in a project and divide the cost among them.

Last modified: 2019-12-22 13:39:41