DEFENSE RESOURCES MANAGEMENT USING GAME THEORY Cover Image

DEFENSE RESOURCES MANAGEMENT USING GAME THEORY
DEFENSE RESOURCES MANAGEMENT USING GAME THEORY

Author(s): Marian NEDELCU
Subject(s): Economy
Published by: Regional Department of Defense Resources Management Studies
Keywords: Defense Resources; Game Theory: Defense Capabilities: Optimal Resource Allocation: Effectiveness: Efficiency

Summary/Abstract: Game theory provides a number of analytical tools designed to assist in developing a more comprehensive understanding of phenomena emerging when decision makers interact. A game describes the strategic interactions between players who act guided by their interests and with the consciousness that their actions affect each other. The basic entity in all game theory models is the player. A player may be understood as an individual, group of individuals or any kind of organization, even countries or alliances facing decisions-making challenges and opportunities. In this respect, the concept providing the dimensions and variables informing on the planning “game” elements required for an optimal defense resource allocation is that of ‘capabilities’. The model developed in this paper is focused on allocations of the available defense resources over the assumed capabilities in order to achieve the best response to national security. I consider as a game the competition between strategic decision-makers involved in defense resource management and the threats to the national security.

  • Issue Year: 5/2014
  • Issue No: 1
  • Page Range: 33-44
  • Page Count: 12
  • Language: English
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