{"50802":{"#nid":"50802","#data":{"type":"event","title":"Adversarial Risk Analysis:  Games and Auctions","body":[{"value":"\u003Cp\u003E\u003Cstrong\u003ETITLE:\u003C\/strong\u003E Adversarial Risk Analysis: \u0026nbsp;Games and Auctions\u003C\/p\u003E\u003Cp\u003E\u003Cstrong\u003ESPEAKER:\u003C\/strong\u003E David Banks\u003C\/p\u003E\u003Cp\u003E\u003Cstrong\u003EABSTRACT:\u003C\/strong\u003E\u003C\/p\u003E\u003Cp\u003EClassical game theory has been an unreasonable description for human\nbehavior, and traditional analyses make strong assumptions about common\nknowledge and fixed payoffs. \u0026nbsp;Classical risk analysis has assumed that\nthe opponent is non-adversarial (i.e., \u0022Nature\u0022) and thus is\ninapplicable to many situations. \u0026nbsp;This work explores Bayesian\napproaches to adversarial risk analysis, in which each opponent must\nmodel the decision process of the other, but there is the opportunity\nto use human judgment and subjective distributions. \u0026nbsp;The approach is\nillustrated in the analysis of two important applications: \u0026nbsp;sealed bid\nauctions and simple poker; some related work on counterbioterrorism is\nalso covered. \u0026nbsp;The results in these three applications are\ninterestingly different from those found in previous work.\u003C\/p\u003E","summary":null,"format":"limited_html"}],"field_subtitle":"","field_summary":[{"value":"Adversarial Risk Analysis:  Games and Auctions","format":"limited_html"}],"field_summary_sentence":[{"value":"Adversarial Risk Analysis:  Games and Auctions"}],"uid":"27187","created_gmt":"2010-02-03 12:20:11","changed_gmt":"2016-10-08 01:49:35","author":"Anita Race","boilerplate_text":"","field_publication":"","field_article_url":"","field_event_time":{"event_time_start":"2010-02-11T11:00:00-05:00","event_time_end":"2010-02-11T12:00:00-05:00","event_time_end_last":"2010-02-11T12:00:00-05:00","gmt_time_start":"2010-02-11 16:00:00","gmt_time_end":"2010-02-11 17:00:00","gmt_time_end_last":"2010-02-11 17:00:00","rrule":null,"timezone":"America\/New_York"},"extras":[],"groups":[{"id":"1242","name":"School of Industrial and Systems Engineering (ISYE)"}],"categories":[],"keywords":[{"id":"6020","name":"classical"}],"core_research_areas":[],"news_room_topics":[],"event_categories":[{"id":"1795","name":"Seminar\/Lecture\/Colloquium"}],"invited_audience":[],"affiliations":[],"classification":[],"areas_of_expertise":[],"news_and_recent_appearances":[],"phone":[],"contact":[],"email":[],"slides":[],"orientation":[],"userdata":""}}}