A comprehensive review of hybrid game theory techniques and multi-criteria decision-making methods

Muhammad Akram Ramadhan, Ibrahim and Nor Izzati, Jaini and Ku Muhammad Naim, Ku Khalif (2021) A comprehensive review of hybrid game theory techniques and multi-criteria decision-making methods. In: Journal of Physics: Conference Series; 28th Simposium Kebangsaan Sains Matematik, SKSM 2021, 28 - 29 July 2021 , Kuantan, Virtual. pp. 1-21., 1988 (012056). ISSN 1742-6588 (print); 1742-6596 (online)

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Abstract

More studies trend to hybrid the game theory technique with the multi-criteria decision-making (MCDM) method to aid real-life problems. This paper provides a comprehensive review of the hybrid game theory technique and MCDM method. The fundamentals of game theory concepts and models are explained to make game theory principles clear to the readers. Moreover, the definitions and models are elaborated and classified to the static game, dynamic game, cooperative game and evolutionary game. Therefore, the hybrid game theory technique and MCDM method are reviewed and numerous applications studied from the past works of literature are highlighted. The result of the previous studies shows that the fundamental elements for both frameworks were studied in various ways with most of the past studies tend to integrate the static game with AHP and TOPSIS methods. Also, the integration of game theory techniques and MCDM methods was studied in various applications such as politics, economy, supply chain, engineering, water management problem, allocation problem and telecommunication network selection. The main contribution of the recent studies of employment between game theory technique and MCDM method are analyzed and discussed in detail which includes static and dynamic games in the non-cooperative game, cooperative game, both non-cooperative and cooperative games and evolutionary game

Item Type: Conference or Workshop Item (Lecture)
Additional Information: Indexed by Scopus
Uncontrolled Keywords: Decision making; Decision theory; Supply chains; Water management
Subjects: Q Science > QA Mathematics
Faculty/Division: Institute of Postgraduate Studies
Center for Mathematical Science
Depositing User: Pn. Hazlinda Abd Rahman
Date Deposited: 08 Mar 2022 02:01
Last Modified: 24 Aug 2023 06:26
URI: http://umpir.ump.edu.my/id/eprint/32756
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