Game theory for analyzing and improving environmental management in the mining industry

Collins, Benjamin C.; Kumral, Mustafa

doi:10.1016/j.resourpol.2020.101860

Cited by 33 publications

(15 citation statements)

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“…The AHP method in [57] and the combined ISM-DEMATEL method in [58] was used for barrier analysis. The authors of [59] applied game theory to analyze and improve environmental management in the mining industry. A multicriteria approach is recommended for the payoff functions of players.…”

Section: Overview Of Decision-making Methodsmentioning

confidence: 99%

Selection of Open-Pit Mining and Technical System’s Sustainable Development Strategies Based on MCDM

2022

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Mining of the extensive, steeply dipping ore deposit takes several decades. An open-pit mining method is more often used in the early years of such a mining enterprise (ME). The management of the enterprise is faced with the problem of changing the mining method as the depth of the quarry increases. Untimely solution of this issue or the choice of the wrong strategy for the development of ME leads to a decrease in profitability, and the emergence of environmental and social difficulties. We studied the functioning of one hundred and seven MEs from different countries and substantiated four main sustainable development strategies for ME and its main system—the open-pit mining and technical system (MTS): adjustment of the current stage of mining indicators, transition to a new stage of mining, transition to a combined open–underground mining, and mine closure. The result of our research is an original methodology for selecting a strategy for MTS sustainable development. Our methodology is based on a new system of parameters and indicators for evaluating the sustainability of the opening-up of an opencast system (OOS). This assessment system includes twenty-three indicators that characterize the technical, technological, economic, social, and environmental factors of sustainable development. We propose to select a strategy for MTS sustainable development using combined fuzzy AHP-MARCOS multicriteria decision method (MCDM). The result of our case study for the Malyi Kuibas ore deposit was the choice of a mine closure strategy. The reliability of the obtained result is confirmed by a multilateral sensitivity assessment using nine other known MCDMs, while changing the criteria weights and composition of strategies. The results of the study prove the need for a timely decision to change the MTS development strategy as the depth of production increases. In addition, we have shown the effectiveness of the selection methodology based on the multicriteria assessment of the OOS sustainability.

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Section: Overview Of Decision-making Methodsmentioning

confidence: 99%

Selection of Open-Pit Mining and Technical System’s Sustainable Development Strategies Based on MCDM

2022

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“…Optimal strategies of competitors (players) were found by analysing the critical criteria. Collins and Kumral (2020) employed the Game Theory based on a multi-criteria technique to examine the environmental sustainability issues in the mining industry by developing five games to investigate maximising both the overall sustainability and environmental sustainability.…”

Section: Game Theory and Engineering Applicationsmentioning

confidence: 99%

The Game of Guwarra: A game theory-based decision-making framework for site selection of offshore wind farms in Australia

Golestani

Arzaghi

Garaniya

et al. 2021

Journal of Cleaner Production

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“…Untuk game berurutan, setiap tahap informasi dikumpulkan berdasarkan keputusan sebelumnya. Pemain harus membuat keputusan berdasarkan permainan dan terakhir strategi dipilih untuk durasi permainan [19] Adapun langkah-langkah untuk menyelesaikan Game Theory yaitu, 1. pertama buat matriks Pay-off dari hasil data survey. 2.…”

Section: Metode Penelitianunclassified

Analisis Brand Switching dan Penentuan Strategi Pemasaran Produk Bubble Tea Menggunakan Metode Markov Chain dan Game Theory

Azizah

Sari

2021

JOPT

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The emergence of various kinds of food and drinks that are packaged and presented in an attractive manner has made a change in the culinary business into a lifestyle part. One of the culinary businesses that is becoming a trend is boba. Boba products with well-known brands can easily be found in urban areas. Karawang as one of the industrial cities in Indonesia is experiencing rapid business development trends. This causes business actors and owners of the boba beverage brand to prepare a strategy to anticipate brand shifting to customers. This study aims to determine the brand shift in customers of A products bubble tea and B products bubble tea which are one of the well-known brands of the boba business in Karawang, and to find out what strategies are appropriate so that business people can remain competitive and maintain customer loyalty. The use of the Markov Chain method to see the brand transfer to customers and the Game Theory method to find out strategies to win the competition. The results showed that the Market Share for A product bubble tea was 0.401 and the B product bubble tea was 0.599 with a business strategy that could be done, namely adding flavors at an affordable price.

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Game theory for analyzing and improving environmental management in the mining industry

Cited by 33 publications

References 50 publications

Selection of Open-Pit Mining and Technical System’s Sustainable Development Strategies Based on MCDM

Selection of Open-Pit Mining and Technical System’s Sustainable Development Strategies Based on MCDM

The Game of Guwarra: A game theory-based decision-making framework for site selection of offshore wind farms in Australia

Analisis Brand Switching dan Penentuan Strategi Pemasaran Produk Bubble Tea Menggunakan Metode Markov Chain dan Game Theory

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