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A General Game-Theoretic Approach to Harmonization the Values of Project Stakeholders

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Advances in Intelligent Systems and Computing II (CSIT 2017)

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Abstract

The problem of project stakeholders values harmonization as a solution of non-cooperative game between two players is stated. The concept of the value balancing operation and the value harmonization process are presented. The alternative strategies of project team and stakeholders as players, allowing to typify situations in real projects and reduce the variety of possible behavior into fairly small amount of combinations are presented. The developed model allows to obtain the recommendations for the use of pure and mixed strategies aimed to maximization players’ values under different circumstancies on the basis of the models of zero sum and bimatrix games. The models and method presented allow to ensure the sustainability of project execution and finalization. Further research tasks should be aimed at developing the means for the increase the effectiveness of the payoff matrices building.

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Correspondence to Tigran G. Grigorian .

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Grigorian, T.G., Titov, S.D., Gayda, A.Y., Koshkin, V.K. (2018). A General Game-Theoretic Approach to Harmonization the Values of Project Stakeholders. In: Shakhovska, N., Stepashko, V. (eds) Advances in Intelligent Systems and Computing II. CSIT 2017. Advances in Intelligent Systems and Computing, vol 689. Springer, Cham. https://doi.org/10.1007/978-3-319-70581-1_11

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  • DOI: https://doi.org/10.1007/978-3-319-70581-1_11

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