Article ID: | iaor20021679 |
Country: | United States |
Volume: | 48 |
Issue: | 6 |
Start Page Number: | 496 |
End Page Number: | 505 |
Publication Date: | Sep 2001 |
Journal: | Naval Research Logistics |
Authors: | Avenhaus Rudolf, Canty Morton, Rothenstein Daniel |
Keywords: | game theory |
The routine inspection of facilities storing large numbers of identical items is modeled as a two-person, sequential game. Timely detection of illegal activity is parameterized in terms of a critical time to detection, and equilibria are derived which provide inspection strategies. Necessary conditions for deterrence of illegal behavior are discussed.