A game theoretical approach to sharing penalties and rewards in projects

@article{EstvezFernndez2012AGT,
  title={A game theoretical approach to sharing penalties and rewards in projects},
  author={Arantza Est{\'e}vez-Fern{\'a}ndez},
  journal={European Journal of Operational Research},
  year={2012},
  volume={216},
  pages={647-657}
}
This paper analyzes situations in which a project consisting of several activities is not realized according to plan. If the project is expedited, a reward arises. Analogously, a penalty arises if the project is delayed. This paper considers the case of arbitrary nondecreasing reward and penalty functions on the total expedition and delay, respectively. Attention is focused on how to divide the total reward (penalty) among the activities: the core of a corresponding cooperative project game… CONTINUE READING

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