Getting Contractors to Cooperate
October 2017 • Poster
William E. Novak
A poster describing work on a project entitled A Game-Theoretic Approach to Optimizing Acquisition Behaviors
Abstract
Misaligned incentives between contractors and the PMO produce ineffective cooperation, causing wasted effort, lost time, and poor results. Using game theory to frame these situations, and agent-based modelling to quantify them, we can design incentive mechanisms to promote cooperation and improve results.