Abstract
Real world decision making on socio-technical systems, such as the railways, is complex. The system contains technical uncertainties; multiple actors with different incentives are involved; institutional rules play a role and external events have a big influence on the process of decision making. Game theory helps in understanding the complexity of the situation by structuring the different elements of the process: the actors, actions, payoffs and information. However, by only considering these elements, the situation is often made too simple and therefore not applicable by decision makers in real life situations. The field of public administration entails various concepts that do take the rich context of the decision making processes into account, however, the formal representation is missing. In this paper, we present examples of public administration concepts formalized using game theoretical methods. This way, we are able to capture more richness of the process while at the same time create structure and insight for the decision maker.
| Original language | English |
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| Title of host publication | Portland International Conference on Management of Engineering and Technology |
| Subtitle of host publication | PICMET |
| Publisher | IEEE |
| Pages | 43-53 |
| Number of pages | 11 |
| DOIs | |
| Publication status | Published - 2016 |
| Event | 2016 Portland International Conference on Management of Engineering and Technology (PICMET) - Honolulu, United States Duration: 4 Sept 2016 → 8 Sept 2016 |
Conference
| Conference | 2016 Portland International Conference on Management of Engineering and Technology (PICMET) |
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| Abbreviated title | PICMET2016 |
| Country/Territory | United States |
| City | Honolulu |
| Period | 4/09/16 → 8/09/16 |
Keywords
- technology management
- technological innovation
- decision making
- public administration
- game theory