Inverse engineering preferences in simple games

A. Garcia and K.W. Hipel

Applied Mathematics and Computation, 2017, vol. 311, issue C, 184-194

Abstract: A method for inverse engineering decision-makers’ preferences based on observable behaviour is designed. This technique allows analysts to narrow down the list of potential preference rankings of possible states in a conflict for each decision-maker using probabilities and expected values. During the inverse engineering procedure, the list of all possible preference rankings is narrowed as decision-makers move and counter-move. Accurate preference information is key to building quality conflict and game models; however, preference rankings for decision-makers are often difficult to obtain directly. A simple two decision-maker, four-state game is used to demonstrate the applicability of the method and to illustrate the insights it provides.

Keywords: Conflict resolution; Preferences; Game theory; Graph Model for Conflict Resolution (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0096300317303041
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:apmaco:v:311:y:2017:i:c:p:184-194

DOI: 10.1016/j.amc.2017.05.016

Access Statistics for this article

Applied Mathematics and Computation is currently edited by Theodore Simos

More articles in Applied Mathematics and Computation from Elsevier
Bibliographic data for series maintained by Catherine Liu ().