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Project games

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  • Arantza Estévez-Fernández

    ()

  • Peter Borm
  • Herbert Hamers

Abstract

This paper studies situations in which a project consisting of several activities is not executed as planned.It is divided into three parts.The first part analyzes the case where the activities may be delayed; this possibly induces a delay on the project as a whole with additional costs.Associated delayed project games are defined and are shown to have a nonempty core.The second part considers the case where the activities may be expedited; this possibly induces an expedition of the project as a whole creating profits. Corresponding expedited project games are introduced and are shown to be convex. The third and last part studies situations where some activities may be delayed and some activities may be expedited.Related project games are defined and shown to have a nonempty core.

(This abstract was borrowed from another version of this item.)

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File URL: http://hdl.handle.net/10.1007/s00182-006-0058-x
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Bibliographic Info

Article provided by Springer in its journal International Journal of Game Theory.

Volume (Year): 36 (2007)
Issue (Month): 2 (October)
Pages: 149-176

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Handle: RePEc:spr:jogath:v:36:y:2007:i:2:p:149-176

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Related research

Keywords: Project planning; Delay; Expedition; Cooperative game; Convexity; C71;

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References

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  1. Brânzei, R. & Ferrari, G. & Fragnelli, V. & Tijs, S.H., 2001. "Two Approaches to the Problem of Sharing Delay Costs in Joint Projects," Discussion Paper 2001-22, Tilburg University, Center for Economic Research.
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Cited by:
  1. Estevez Fernandez, M.A., 2008. "A Game Theoretical Approach to Sharing Penalties and Rewards in Projects," Discussion Paper 2008-84, Tilburg University, Center for Economic Research.
  2. repec:dgr:uvatin:2009090 is not listed on IDEAS

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