WSEAS Transactions on Business and Economics
Print ISSN: 1109-9526, E-ISSN: 2224-2899Volume 11, 2014
Game Theory as a Tool of Crisis Management in a Company
Authors: , ,
Abstract: Terrorism - phenomena that is classified as one of the most serious threat of today. Research and development of counter-terrorism strategies have become a part of international and national organizations and private company policy. Czech Republic is a region that would not be threatened by international terrorism, but extremism and terrorism is considered as significant security threat by Czech authorities. At the national and international level, the issue of extremism and terrorism is increasingly studied using game theory. Authors argue that it is not possible to examine various conflict participants, without consideration of their reaction and interaction. Game Theory is a tool that allows to analyze individual decisions, so it is increasingly being used in development of security strategies. This work deals with the Czech extremist and terrorist scene and possible terrorist attack on a regional company. Based on available information obtained by analyzing domestic extremism and terrorism, and a description of the chosen company there was designed model of security scenarios and rules, which can be used as a support tool for decision-making. The scenarios were then tested with a suitable part of Game Theory.
Pages: 250-261
WSEAS Transactions on Business and Economics, ISSN / E-ISSN: 1109-9526 / 2224-2899, Volume 11, 2014, Art. #22