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Simulating information sharing in crisis response coalitions as a minority game
Ariën J. Van Der Wal
Tim J. Grant
T. Comes, F.F., S. Fortier, J. Geldermann and T. Müller
A major crisis or disaster attracts a response from multiple organizations. These organizations need to work together as a coalition. To do so effectively, they must share information. Differences in organizational culture give information a scarcity value, leading to the emergence of information markets. As the crisis progresses, organizations learn to work together, building up trust and lowering the "price" for information shared. Organizations that have worked together in previous crises have a price advantage. In short, the information sharing changes dynamically. Evolutionary game theory – And the minority game in particular – has been recently applied to markets in which physical goods are exchanged. This paper presents the first results from simulating an information sharing market in crisis response coalitions as a minority game.
urn:ISBN:9783923704804
openurl:?ctx_ver=Z39.88-2004&rfr_id=info%3Asid%2Fidl.iscram.org%2F&genre=proceeding&title=Simulating%20information%20sharing%20in%20crisis%20response%20coalitions%20as%20a%20minority%20game&stitle=ISCRAM%202013&issn=2411-3387&isbn=9783923704804&date=2013&spage=120&epage=124&aulast=Ari%EBn%20J.%20Van%20Der%20Wal&au=Tim%20J.%20Grant&pub=Karlsruher%20Institut%20fur%20Technologie&place=KIT%3B%20Baden-Baden&sid=refbase%3AISCRAM
url:http://idl.iscram.org/show.php?record=1041
citekey:ArienJ.VanDerWal+TimJ.Grant2013
citation:Ariën J. Van Der Wal, & Tim J. Grant. (2013). Simulating information sharing in crisis response coalitions as a minority game. In J. Geldermann and T. Müller S. Fortier F. F. T. Comes (Ed.), ISCRAM 2013 Conference Proceedings – 10th International Conference on Information Systems for Crisis Response and Management (pp. 120-124). KIT; Baden-Baden: Karlsruher Institut fur Technologie.
2013
ConferencePaper
text
Commerce
Game theory
Information analysis
Information systems
Evolutionary game theory
Evolutionary games
Information market
Information sharing
Minority game
Multiple organizations
Organizational cultures
Trust
Societies and institutions
file:http://idl.iscram.org/files/vanderwal/2013/1041_VanDerWal+Grant2013.pdf
Karlsruher Institut fur Technologie
English
2411-3387
ISCRAM 2013 Conference Proceedings – 10th International Conference on Information Systems for Crisis Response and Management
2013
120
124
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