Title :
Multiparty engineering is a contact sport
Author :
Barry, P. ; Koehler, M.
Author_Institution :
MITRE Corp., McLean, VA, USA
Abstract :
In this paper, the authors suggest that essential coordination aspects multiparty engineering can be formally modeled with utility and game theoretic approaches. The computational complexity of evolving utility theories which change the payoff structures and consequently the “game” that the boundedly rational participants are playing along with the stochastic nature of the decisions are investigated using an agent-based model.
Keywords :
computational complexity; game theory; utility theory; agent-based model; boundedly rational participants; computational complexity; coordination aspects; evolving utility theories; game theory; multiparty engineering; utility theory; Computational modeling; Equations; Games; Joints; Mathematical model; Multiparty engineering; agent-based models; game theory; utility theory;
Conference_Titel :
Systems Conference (SysCon), 2013 IEEE International
Conference_Location :
Orlando, FL
Print_ISBN :
978-1-4673-3107-4
DOI :
10.1109/SysCon.2013.6549935