Print Email Facebook Twitter Application of game theory in risk management of urban natural gas pipelines Title Application of game theory in risk management of urban natural gas pipelines Author Li, Xinhong (Xi'an University of Architecture and Technology) Ma, Jie (Xi'an University of Architecture and Technology) Han, Ziyue (Xi'an University of Architecture and Technology) Zhang, Y. (TU Delft Applied Sciences; Xi'an University of Architecture and Technology) Yang, M. (TU Delft Safety and Security Science) Faculty Applied Sciences Date 2023 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. Subject Game theoryRisk managementSystem dynamics simulationUrban natural gas pipeline To reference this document use: http://resolver.tudelft.nl/uuid:2a8a2bc5-5ac7-4827-bddb-33d887fc6375 DOI https://doi.org/10.1016/j.jlp.2023.105037 Embargo date 2023-09-17 ISSN 0950-4230 Source Journal of Loss Prevention in the Process Industries: the international journal of chemical and process plant safety, 83 Bibliographical note Green Open Access added to TU Delft Institutional Repository ‘You share, we take care!’ – Taverne project https://www.openaccess.nl/en/you-share-we-take-care Otherwise as indicated in the copyright section: the publisher is the copyright holder of this work and the author uses the Dutch legislation to make this work public. Part of collection Institutional Repository Document type journal article Rights © 2023 Xinhong Li, Jie Ma, Ziyue Han, Y. Zhang, M. Yang Files PDF 1_s2.0_S0950423023000670_main.pdf 5.9 MB Close viewer /islandora/object/uuid:2a8a2bc5-5ac7-4827-bddb-33d887fc6375/datastream/OBJ/view