Review article

The article presents the results of the study of the current development direction of applied aspects of the game theory tools application in order to improve the quality of substantiation of selecting managerial decisions by participants in construction activities in relation to the situation of uncertainty in changing the external environment. The authors consider some methodological and applied aspects of modeling the process of substantiating the selection of innovative solutions in the activities of construction organizations using statistical games taking into account the situation of insufficient information for making managerial decisions that affect the efficiency of economic activities of construction participants and generate economic risks. A methodological example of applying game-theoretic modeling is considered in substantiating the selection of priority innovative solutions in the field of industrial-civil and transport construction using the “games with nature” class in a situation of partial uncertainty in changes in the external environment. There have been identified some potential applications of statistical games in combination with probability theory that expand the scope of game-theoretic modeling in order to improve the substantiation quality of selecting priority innovative solutions and reducing economic risks in the activities of construction participants.