Application of game theory to railway decision making

Jack, N., Murthy, D. N. P and Kumar, U. (2016). Application of game theory to railway decision making. In Uday Kumar, Alireza Ahmadi, Ajit Kumar Verma and Prabhakar Varde (Ed.), Current trends in reliability, availability, maintainability and safety. An industry perspective (pp. 395-408) Switzerland: Springer International Publishing. doi:10.1007/978-3-319-23597-4


Author Jack, N.
Murthy, D. N. P
Kumar, U.
Title of chapter Application of game theory to railway decision making
Title of book Current trends in reliability, availability, maintainability and safety. An industry perspective
Place of Publication Switzerland
Publisher Springer International Publishing
Publication Year 2016
Sub-type Research book chapter (original research)
DOI 10.1007/978-3-319-23597-4
Open Access Status Not Open Access
Year available 2015
Series Lecture Notes in Mechanical Engineering
ISBN 9783319235967
9783319235974
ISSN 2195-4356
2195-4364
Editor Uday Kumar
Alireza Ahmadi
Ajit Kumar Verma
Prabhakar Varde
Chapter number 27
Start page 395
End page 408
Total pages 14
Total chapters 53
Collection year 2017
Formatted Abstract/Summary
Over the last few decades various forms of railway privatization have taken place in many different countries. As a result, it is now common for several parties to be involved in the ownership, operation and maintenance of railway system assets. The decisions made by each impact on all others. Game theory (GT) provides the framework to obtain the optimal decisions taking into account the various interactions. This paper gives a brief introduction to GT and its application to railway decision-making.
Q-Index Code B1
Q-Index Status Provisional Code
Institutional Status UQ

 
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Created: Fri, 04 Mar 2016, 11:21:09 EST by Rose Clements on behalf of School of Mechanical and Mining Engineering