Cooperative game analysis of the material procurement in large-scale projects

Author

Dong, Fan ; Tiaojun, Xiao ; Danqin, Yang

Author_Institution

Sch. of Manage. Sci. & Eng., Nanjing Univ., Nanjing

fYear

2008

fDate

16-18 July 2008

Firstpage

743

Lastpage

747

Abstract

Procurement management is an important process in the large-scale project. This paper applies the basic idea of cooperative game theory to analyze the cooperation in the procurement of the large-scale projects. We develop a cooperative game model of the procurement and analyze the motivation and condition for cooperating between two contractors. In addition, we give the distribution rule of benefits for the procurement coalition according to the Nash bargaining rule. The plan is acceptable for the two contractors, so that stable, and plays an essential role in maintaining the survival of the coalition.

Keywords

game theory; procurement; project management; Nash bargaining rule; cooperative game analysis; cooperative game theory; large-scale projects; material procurement; procurement management; Conference management; Engineering management; Game theory; Large-scale systems; Procurement; Project management; Quality management; Coalition; Cooperative game theory; Large-scale project; Procurement management;

fLanguage

English

Publisher

ieee

Conference_Titel

Control Conference, 2008. CCC 2008. 27th Chinese

Conference_Location

Kunming

Print_ISBN

978-7-900719-70-6

Electronic_ISBN

978-7-900719-70-6

Type

conf

DOI

10.1109/CHICC.2008.4604995

Filename

4604995