Game Theory
Project ManagementProject management involves social aspects of game theory as different participants may have different influences. For example, a project manager may be incentivized to successfully complete a building development project. Meanwhile, the construction worker may be incentivized to work slower for safety or delay the project to incur more billable hours. When dealing with an internal team, game theory may be less prevalent as all participants working for the same employer ofte...
Game Theory
Project ManagementProject management involves social aspects of game theory as different participants may have different influences. For example, a project manager may be incentivized to successfully complete a building development project. Meanwhile, the construction worker may be incentivized to work slower for safety or delay the project to incur more billable hours. When dealing with an internal team, game theory may be less prevalent as all participants working for the same employer ofte...
