********************************************************************

                                                         Seminar
             Department of Systems Engineering and Engineering Management
                                  The Chinese University of Hong Kong

------------------------------------------------------------------------------------------

 

 

 

Title

:

Balancing Terrorism and Natural Disasters --- Defensive Strategy with Endogenous Attacker Effort

 

 

 

Speaker

:

Jun Zhuang

 

 

Department of Industrial and Systems Engineering

 

 

University of Wisconsin-Madison

 

 

 

Date

:

June 1st, 2007 (Friday)

 

 

 

Time

:

4:30 p.m. - 5:30 p.m.

 

 

 

Venue

:

Room 513

 

 

William M.W. Mong Engineering Building

 

 

(Engineering Building Complex Phase 2)

 

 

CUHK

 

 

 

------------------------------------------------------------------------------------------

Abstract:
 

In this work, we apply game theory to identify equilibrium strategies for both attacker and defender in a fully endogenous model of resource allocation for countering terrorism and natural disasters. The key features of our model include balancing protection from terrorism and natural disasters, and describing the attacker choice by a continuous level of effort rather than a discrete choice (i.e., attack or not). Interestingly, in a sequential game, increased defensive investment can lead an attacker to either increase his level of effort (to help compensate for the reduced probability of damage from an attack), or decrease his level of effort (because attacking has become less profitable). This can either reduce or increase the effectiveness of investments in protection from intentional attack, and can therefore affect the relative desirability of investing in protection from natural disasters.


-------------------------------------------------------------------------------------------

Biography:
 

Jun Zhuang is a Ph.D. student in the Department of Industrial and Systems Engineering at the University of Wisconsin-Madison. His current research interests include the application of operations research, decision analysis, risk analysis, and game theory to problems of homeland security and supply-chain management.


************************* ALL ARE WELCOME ************************

 

 

 

Host

:

Prof. Frank Chen

Tel

:

(852) 2609-8310

Email

:

yhchen@se.cuhk.edu.hk

 

 

 

Enquiries

:

Bolin Ding or Jeffrey Xu Yu

 

:

Department of Systems Engineering and Engineering Management

 

 

CUHK

Website

:

http://www.se.cuhk.edu.hk/~seg5810

Email

:

seg5810@se.cuhk.edu.hk

 

 

 

********************************************************************