Cooperative coalition formation on value-based decision

Author

Idrus, Arazi ; Utomo, Christiono

Author_Institution

Civil Eng. Dept., Univ. Teknol. PETRONAS, Tronoh, Malaysia

Volume

3

fYear

2010

fDate

15-17 June 2010

Firstpage

1114

Lastpage

1118

Abstract

This paper presents the core of the negotiation support model for Value Management in construction. Coalition formation was presented in a logical manner and in the form of a mathematical model. It consists of the process of identifying agreement options, analysis and coalition formation. The objective of the research is to find an agreement options model and coalition algorithms for value-based decision. This objective was attained by model of satisfying game as a basis for two main preferences of value which are function and cost and provide a set of analysis on cooperative game theory to get an algorithm of coalition and the coalition formation for agreement option.

Keywords

construction; decision making; decision theory; game theory; mathematical analysis; agreement option model; construction; cooperative coalition formation; cooperative game theory; mathematical model; negotiation support model; value management; value-based decision; Buildings; Construction industry; Game theory; Games; Heuristic algorithms; Mathematical model; coalition; cooperative; decision; value-based;

fLanguage

English

Publisher

ieee

Conference_Titel

Information Technology (ITSim), 2010 International Symposium in

Conference_Location

Kuala Lumpur

ISSN

2155-897

Print_ISBN

978-1-4244-6715-0

Type

conf

DOI

10.1109/ITSIM.2010.5561508

Filename

5561508