Next Article in Journal
Social Preferences and Context Sensitivity
Previous Article in Journal
Towards a Fair Distribution Mechanism for Asylum
Article Menu

Export Article

Open AccessArticle
Games 2017, 8(4), 42; https://doi.org/10.3390/g8040042

Instability of Mixed Nash Equilibria in Generalised Hawk-Dove Game: A Project Conflict Management Scenario

Complex Systems Research Group, Faculty of Engineering and IT, University of Sydney, NSW 2006, Australia
*
Author to whom correspondence should be addressed.
Received: 4 September 2017 / Revised: 21 September 2017 / Accepted: 21 September 2017 / Published: 2 October 2017
View Full-Text   |   Download PDF [1650 KB, uploaded 2 October 2017]   |  

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. View Full-Text
Keywords: evolutionary game theory; project conflict management; Nash equilibrium; Hawk-Dove game evolutionary game theory; project conflict management; Nash equilibrium; Hawk-Dove game
Figures

Figure 1

This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. (CC BY 4.0).
SciFeed

Share & Cite This Article

MDPI and ACS Style

Le Chang, S.; Prokopenko, M. Instability of Mixed Nash Equilibria in Generalised Hawk-Dove Game: A Project Conflict Management Scenario. Games 2017, 8, 42.

Show more citation formats Show less citations formats

Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Related Articles

Article Metrics

Article Access Statistics

1

Comments

[Return to top]
Games EISSN 2073-4336 Published by MDPI AG, Basel, Switzerland RSS E-Mail Table of Contents Alert
Back to Top