Application of game theory in risk management of urban natural gas pipelines

Journal article (2023)

Authors

Xinhong Li Xi'an University of Architecture and Technology
Jie Ma Xi'an University of Architecture and Technology
Ziyue Han Xi'an University of Architecture and Technology
Y. Zhang Xi'an University of Architecture and Technology, Applied Sciences
M. Yang Safety and Security Science - TPM
Research Group
Safety and Security Science (TPM) (TU Delft)
Copyright: © 2023 Xinhong Li, Jie Ma, Ziyue Han, Y. Zhang, M. Yang
DOI: https://doi.org/10.1016/j.jlp.2023.105037
Game theory Risk management System dynamics simulation Urban natural gas pipeline
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Published Date

2023

Language

English

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Faculty

Technology, Policy and Management

Department

Values Technology and Innovation

Research Group

Safety and Security Science

Abstract

This paper presents a game theory methodology for risk management of urban natural gas pipelines, which is a collaborative participation mechanism of the stakeholders, including government, pipeline companies, and the public. Firstly, the involvement proportion of stakeholders in risk management under rational conditions is estimated by the static game theory. Subsequently, the system dynamics (SD) simulation is used to establish an evolution game model of stakeholders in risk management under the irrational conditions, in which the stability of the evolution game process is analyzed. The stakeholders’ involvement proportions from the static game model are utilized as the inputs for the evolution game model to simulate the dynamic evolution behavior of risk management strategies with different involvement proportions of stakeholders. Eventually, the dynamic evaluation game can extract an optimal strategy for risk management of urban natural gas pipelines. A case study is used to illustrate the methodology. In essence, this methodology can be extended for implementing risk management of urban infrastructure.