Adversarial life testing: A Bayesian negotiation model

Adversarial issues in reliability

“…Examples of adversarial situations in reliability analysis can be found in areas such as acceptance sampling ( Lindley & Singpurwalla, 1991 ); life testing ( Lindley & Singpurwalla, 1993 ); warranty analysis ( Singpurwalla & Wilson, 1993 ); and optimal release policies in software testing ( Zeephongsekul & Chiera, 1995 ). More recent work in this area considers adversarial issues in optimal maintenance as in Jackson and Pascual (2008) ; service and warranty contracts ( Esmaeilia, Gamchia, & Asgharizadeh, 2014 ); system reliability ( Hausken, 2008 ); and reliability demonstration ( Rufo, Martin, & Perez, 2014 ). These problems with adversarial elements can be set up as games and are typically solved using (non cooperative) game theory methods based on Nash equilibria and related concepts, see, for example, Gibbons (1992) .…”

The Use of Game Theory for Making Rational Decisions in Business Negations: A Conceptual Model

“…Major decisions require a detailed analysis of future negotiations interactions, which would allow to meet the priorities and interests of another party to negotiations. Game theory can help to achieve these objectives, since it is a mathematical discipline that deals with the interactions of parties having their targets (Rufo et al, 2014). It is a powerful tool for understanding the relationships that develop in the processes of cooperation and competition.…”

“…It is a powerful tool for understanding the relationships that develop in the processes of cooperation and competition. The main objective during the negotiations in decision-making processes is to choose alternatives that would be acceptable to both parties, and it should be carried out within a reasonable period of time (Oderanti et al, 2012;Chuah et al, 2014;Kozina, 2014;Lin et al, 2014;Suh & Park, 2010;Rufo et al, 2014). The friction of different interests, such as competition, or other challenging situations often arise from illegal practices which are expected from human relations.…”

“…The nature of the subject of negotiations arise from a variety of disciplines, such as artificial intelligence, economics, social sciences and game theory Baarslag et al, 2014;Chuah et al, 2014). The models of strategic negotiation have a wide range of applications which can be used for resources and task allocation mechanisms, for conflict resolution measures, and for decentralised information services (Baarslag et al, 2014;Rufo et al, 2014).…”

“…The possibilities of the application of game theory for management tasks were examined by various authors (Aurangzeb & Lewis, 2014;Brown & Shoham, 2009;Rufo et al, 2014;Chuah et al, 2014;Suh & Park, 2010;Lin et al, 2014;Oderanti et al, 2012;Deng et al, 2014;Hao et al, 2014;Houser & McCabe, 2014;Yu et al, 2013;Pooyandeh & Marceau, 2014;Yuan & Ma, 2012;Wilken et al, 2013;Annabi et al, 2012). The article explores game theory and important aspects of negotiations.…”