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Seminar
Department
of Systems Engineering and Engineering Management
The Chinese
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Title |
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Balancing Terrorism and
Natural Disasters --- Defensive Strategy with Endogenous Attacker Effort |
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Speaker |
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Jun Zhuang |
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Department of Industrial and Systems Engineering |
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University of Wisconsin-Madison |
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Date |
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June 1st, 2007 (Friday) |
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Time |
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4:30 p.m. - 5:30 p.m. |
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Venue |
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Room 513 |
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William M.W. Mong Engineering Building |
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(Engineering Building Complex Phase 2) |
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CUHK |
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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. |
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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 ************************
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Host |
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Prof. Frank Chen |
Tel |
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(852) 2609-8310 |
Email |
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Enquiries |
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Bolin Ding or Jeffrey Xu Yu |
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Department of Systems Engineering and Engineering
Management |
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CUHK |
Website |
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Email |
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