Instability of mixed nash equilibria in generalised hawk-dove game: A project conflict management scenario

1Citations
Citations of this article
8Readers
Mendeley users who have this article in their library.

Abstract

This paper generalises the Hawk-Dove evolutionary game by introducing cost sharing ratios for both players, and applies the generalised Hawk-Dove model to conflict management in projects through investigating the stability of Nash equilibria. A model with clashing interests between a project owner and a contractor is considered to derive their strategy adaptation given the cost sharing ratios. As expected, the pure Nash equilibria are shown to be dominantly stable while the mixed strategy equilibrium is observed to be unstable, across the range of considered cost sharing ratios. In addition, simulations are conducted on the strategy adaptation and stability of the equilibria under noisy and latent conditions. The obtained results can be used by project managers in optimising their strategy in practice.

Cite

CITATION STYLE

APA

Chang, S. L., & Prokopenko, M. (2017). Instability of mixed nash equilibria in generalised hawk-dove game: A project conflict management scenario. Games, 8(4). https://doi.org/10.3390/g8040042

Register to see more suggestions

Mendeley helps you to discover research relevant for your work.

Already have an account?

Save time finding and organizing research with Mendeley

Sign up for free