A Cooperative Game Theoretical Approach to Risk Analysis, Using 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...
Main Authors: | , |
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Format: | Article |
Language: | English |
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Society for Risk Analysis - China
2013-11-01
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Series: | Journal of Risk Analysis and Crisis Response (JRACR) |
Subjects: | |
Online Access: | https://www.atlantis-press.com/article/11717.pdf |
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author | Jun-ichi Takeshita Hiroaki Mohri |
author_facet | Jun-ichi Takeshita Hiroaki Mohri |
author_sort | Jun-ichi Takeshita |
collection | DOAJ |
description | 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. |
first_indexed | 2024-04-13T21:02:14Z |
format | Article |
id | doaj.art-dd4789eaa75c4262b3843f3602a008d2 |
institution | Directory Open Access Journal |
issn | 2210-8505 |
language | English |
last_indexed | 2024-04-13T21:02:14Z |
publishDate | 2013-11-01 |
publisher | Society for Risk Analysis - China |
record_format | Article |
series | Journal of Risk Analysis and Crisis Response (JRACR) |
spelling | doaj.art-dd4789eaa75c4262b3843f3602a008d22022-12-22T02:30:07ZengSociety for Risk Analysis - ChinaJournal of Risk Analysis and Crisis Response (JRACR)2210-85052013-11-014110.2991/jrarc.2014.4.1.5A Cooperative Game Theoretical Approach to Risk Analysis, Using Network StructureJun-ichi TakeshitaHiroaki MohriThe 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.https://www.atlantis-press.com/article/11717.pdfgame theorycooperative gameShapley valuerisk managementnetwork structure |
spellingShingle | Jun-ichi Takeshita Hiroaki Mohri A Cooperative Game Theoretical Approach to Risk Analysis, Using Network Structure Journal of Risk Analysis and Crisis Response (JRACR) game theory cooperative game Shapley value risk management network structure |
title | A Cooperative Game Theoretical Approach to Risk Analysis, Using Network Structure |
title_full | A Cooperative Game Theoretical Approach to Risk Analysis, Using Network Structure |
title_fullStr | A Cooperative Game Theoretical Approach to Risk Analysis, Using Network Structure |
title_full_unstemmed | A Cooperative Game Theoretical Approach to Risk Analysis, Using Network Structure |
title_short | A Cooperative Game Theoretical Approach to Risk Analysis, Using Network Structure |
title_sort | cooperative game theoretical approach to risk analysis using network structure |
topic | game theory cooperative game Shapley value risk management network structure |
url | https://www.atlantis-press.com/article/11717.pdf |
work_keys_str_mv | AT junichitakeshita acooperativegametheoreticalapproachtoriskanalysisusingnetworkstructure AT hiroakimohri acooperativegametheoreticalapproachtoriskanalysisusingnetworkstructure AT junichitakeshita cooperativegametheoreticalapproachtoriskanalysisusingnetworkstructure AT hiroakimohri cooperativegametheoreticalapproachtoriskanalysisusingnetworkstructure |