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Project Games

Author

Listed:
  • Estevez Fernandez, M.A.

    (Tilburg University, School of Economics and Management)

  • Borm, P.E.M.

    (Tilburg University, School of Economics and Management)

  • Hamers, H.J.M.

    (Tilburg University, School of Economics and Management)

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.
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Suggested Citation

  • Estevez Fernandez, M.A. & Borm, P.E.M. & Hamers, H.J.M., 2005. "Project Games," Other publications TiSEM 21fd9b62-93b6-4a8b-9bf4-4, Tilburg University, School of Economics and Management.
    • Handle: RePEc:tiu:tiutis:21fd9b62-93b6-4a8b-9bf4-48d09ec329ab
    as

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    Other versions of this item:

    • Estevez Fernandez, M.A. & Borm, P.E.M. & Hamers, H.J.M., 2007. "Project games," Other publications TiSEM 809ba203-2bd2-48ce-ae6d-b, Tilburg University, School of Economics and Management.
    • Estevez Fernandez, M.A. & Borm, P.E.M. & Hamers, H.J.M., 2005. "Project Games," Discussion Paper 2005-91, Tilburg University, Center for Economic Research.

    References listed on IDEAS

    as
    1. Rodica Brânzei & Giulio Ferrari & Vito Fragnelli & Stef Tijs, 2002. "Two Approaches to the Problem of Sharing Delay Costs in Joint Projects," Annals of Operations Research, Springer, vol. 109(1), pages 359-374, January.
    2. G. Bergantiños & E. Sánchez, 2002. "How to Distribute Costs Associated with a Delayed Project," Annals of Operations Research, Springer, vol. 109(1), pages 159-174, January.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Estévez-Fernández, Arantza, 2012. "A game theoretical approach to sharing penalties and rewards in projects," European Journal of Operational Research, Elsevier, vol. 216(3), pages 647-657.
    2. Rodica Branzei & Giulio Ferrari & Vito Fragnelli & Stef Tijs, 2011. "A bonus-malus approach to project management," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 19(4), pages 495-512, December.
    3. Nima Zoraghi & Aria Shahsavar & Babak Abbasi & Vincent Peteghem, 2017. "Multi-mode resource-constrained project scheduling problem with material ordering under bonus–penalty policies," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 25(1), pages 49-79, April.
    4. Çiftçi, BarIs & Borm, Peter & Hamers, Herbert, 2010. "Highway games on weakly cyclic graphs," European Journal of Operational Research, Elsevier, vol. 204(1), pages 117-124, July.

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    More about this item

    JEL classification:

    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games

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