Volume 4, Issue 1, March 2014, Pages 43 - 48
A Cooperative Game Theoretical Approach to Risk Analysis, Using Network Structure
Jun-ichi Takeshita, Hiroaki Mohri
Received 17 December 2013, Accepted 10 March 2014, Available Online 25 March 2014.
- https://doi.org/10.2991/jrarc.2014.4.1.5How to use a DOI?
- game theory, cooperative game, Shapley value, risk management, network structure
- The principal aim of this paper is to introduce the framework for a cooperative game theoretical approach to risk analysis using network structure. Probabilistic risk analysis (PRA) is a common methodology for evaluating risks associated with real-world network structure. Although there are numerous studies on PRA from a physical engineering perspective, Hausken (2002) noted that human behavior is a significant factor in estimating risk using PRA, and he integrated PRA and game theory. While his and related works focused on non-cooperative game theory, in some situations, such as chemical plants, cooperative structures are the norm. Therefore, we here provide a risk analysis method based on cooperative game theory, and especially so-called Shapley values.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - JOUR AU - Jun-ichi Takeshita AU - Hiroaki Mohri PY - 2014 DA - 2014/03 TI - A Cooperative Game Theoretical Approach to Risk Analysis, Using Network Structure JO - Journal of Risk Analysis and Crisis Response SP - 43 EP - 48 VL - 4 IS - 1 SN - 2210-8505 UR - https://doi.org/10.2991/jrarc.2014.4.1.5 DO - https://doi.org/10.2991/jrarc.2014.4.1.5 ID - Takeshita2014 ER -