Raising the Game: Applying Theory and Analytics to Real-world Threats

• Main Author: Singapore Management University
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2013
• Subjects: game theory; security; Baynesian Stackelberg Game; security resources allocation; Information Security; Software Engineering
• Online Access: https://ink.library.smu.edu.sg/pers/13; https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1027&context=pers

Safety and security are, on many levels, essential priorities for governments, businesses and individuals. While an increase of defence and security budgets may bring some assurance of peaceful times to come, it seems the world has no lack of insane perpetrators who can still somehow evade, breach, ambush, assail and attack as they please. Enter the “Bayesian Stackelberg Game”, a game theory model that can, and has been applied rather successfully to the allocation of security resources in the United States by Prof Milind Tambe, University of Southern California.