DocumentCode :
2148727
Title :
An Analysis Based on Game Theory about the Complicity between Contractor and Supervisor in the Construction Claims
Author :
Tong Zeping
Author_Institution :
Econ. & Manage. Sch., Wuhan Univ., Wuhan, China
fYear :
2010
fDate :
24-26 Aug. 2010
Firstpage :
1
Lastpage :
3
Abstract :
Based on the game theory, the paper discusses the collusion between contractor and supervisor in construction claims. By creating a three-person game model, the paper analyzes the strategies of the entire three partners. There is no pure strategy Nash equilibrium, so they should select their strategies by chance according mixed strategy Nash equilibrium. Furthermore, the paper suggests government how to reduce the likelihood of collusion.
Keywords :
contracts; game theory; project management; collusion likelihood; construction claims; contractor-supervisor complicity; game theory; mixed strategy Nash equilibrium; three-person game model; Analytical models; Biological system modeling; Construction industry; Games; Nash equilibrium;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Management and Service Science (MASS), 2010 International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-5325-2
Electronic_ISBN :
978-1-4244-5326-9
Type :
conf
DOI :
10.1109/ICMSS.2010.5576197
Filename :
5576197
Link To Document :
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