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Using Game Theory to Improve Government Acquisition

Video
Our team is conducting research to describe and quantify the acquisition “game” being played using modeling and simulation to frame the misaligned incentives.
Publisher

Software Engineering Institute

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Abstract

Misalignment of incentives both between contractors and with the government is    one of the causes of poor acquisition outcomes, including wasted effort, lost time, and poor results.To address these problems, our team is conducting research to describe and quantify the acquisition “game” being played using modeling and simulation to frame the misaligned incentives. By using game theory to frame these situations, we can design incentives to promote cooperation and improve results.

Watch Bill Novak in this SEI Cyber Minute as he describes "Using Game Theory to Improve Government Acquisition".