Game theory and strategic auditing: part I ‐ introduction

Abstract

Introduces auditors to the power of game theory modelling, a mathematical strategic decision‐making technique that has been popularized by the recent Nobel Prize winner John Nash. The model is demonstrated using both entertaining examples for conceptual understanding and auditing scenarios for practical applications. A collusion model has been developed to illustrate the capability of the game theory model of handling human interactions.

Citation

Chau, C. (1996), "Game theory and strategic auditing: part I ‐ introduction", Managerial Auditing Journal, Vol. 11 No. 4, pp. 21-25. https://doi.org/10.1108/02686909610120000