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Application of Game Theory to Railway Decision Making
Springfield, Cupar, Fife.
School of Mechanical and Mining Engineering, The University of Queensland, St Lucia.
Luleå University of Technology, Department of Civil, Environmental and Natural Resources Engineering, Operation, Maintenance and Acoustics.
2016 (English)In: Current Trends in Reliability, Availability, Maintainability and Safety: An Industry Perspective / [ed] Uday Kumar; Alireza Ahmadi; Ajit Kumar Verma; Prabhakar Varde, Encyclopedia of Global Archaeology/Springer Verlag, 2016, 395-408 p.Conference paper (Refereed)
Abstract [en]

Over the last few decades various forms of railway privatization have taken place in many different countries. As a result, it is now common for several parties to be involved in the ownership, operation and maintenance of railway system assets. The decisions made by each impact on all others. Game theory (GT) provides the framework to obtain the optimal decisions taking into account the various interactions. This paper gives a brief introduction to GT and its application to railway decision-making.

Place, publisher, year, edition, pages
Encyclopedia of Global Archaeology/Springer Verlag, 2016. 395-408 p.
Series
, Lecture Notes in Mechanical Engineering, ISSN 2195-4356
Research subject
Operation and Maintenance
Identifiers
URN: urn:nbn:se:ltu:diva-37355DOI: 10.1007/978-3-319-23597-4_28Local ID: b5a335ca-23e7-4411-a35d-810d05f7042fISBN: 978-3-319-23596-7ISBN: 978-3-319-23597-4 (PDF)OAI: oai:DiVA.org:ltu-37355DiVA: diva2:1010853
Conference
International Conference ICRESH-ARMS 2015 : 01/06/2015 - 04/06/2015
Note
Godkänd; 2016; Bibliografisk uppgift: Containing selected papers from the ICRESH-ARMS 2015 conference in Lulea, Sweden, collected by editors with years of experiences in Reliability and maintenance modeling, risk assessment, and asset management, this work maximizes reader insights into the current trends in Reliability, Availability, Maintainability and Safety (RAMS) and Risk Management. Featuring a comprehensive analysis of the significance of the role of RAMS and Risk Management in the decision making process during the various phases of design, operation, maintenance, asset management and productivity in Industrial domains, these proceedings discuss key issues and challenges in the operation, maintenance and risk management of complex engineering systems and will serve as a valuable resource for those in the field. ; 20151223 (andbra)Available from: 2016-10-03 Created: 2016-10-03Bibliographically approved

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