Optimization of Net Benefits on Multipurpose Project Development in Anambra -- Imo River Basin using Game theory.

Project development in river basins is beset with lots of challenges occasioned by human activities which spark off climate variability that hinder their effectiveness to planning and management with other extraneous factors in the area. The study aimed at the use of Game theory model to optimize the net benefits on multi-purpose projects development in Anambra-Imo River basin. The objective was to use the iterative algorithm of game decision theory model to optimize the multi-purpose/multi-objective projects development at the river basin. The methodology involves the use of Game decision theory based on data generated from Bill of Engineering Measurement and Evaluation (BEME), descriptive, experimental model size and simulation modeling solution techniques, correlation and regression analysis. The result shows that the optimal strategies for the game theory was N69.02billion. The value of the name was 5.52 calculated from the Simplex Method Linear Programming Techniques of Game theory which falls between the maximin of 5.77 and minimax of 3.36. The correlation between the probabilities for player A and player B shows a strongly positive correlation 0.9612 which is consistent with that calculated from the graphical activities of r = 0.9635. The work recommends that the implementation of the optimal strategies of Game theory will assist in mitigating the effect of climate variability for improved integrated planning and management of the river basin. The adaptation to climate change condition will deliver benefits in order to achieve global potential contribution to multiple sustainable challenges in the river basin. [ABSTRACT FROM AUTHOR]