DocumentCode
2788676
Title
Revenue distribution and coordination research of general project contractor based on different strategies
Author
Mu, Fen-fang ; Lu, Ping ; Song, Yin-Qiu
Author_Institution
Sch. of Manage., Univ. of Sci. & Technol. of China, Hefei, China
fYear
2011
fDate
10-12 July 2011
Firstpage
353
Lastpage
358
Abstract
Profit distribution is one of the important issues of construction supply chain. this paper sets up revenue models of the general project contractor based on incentive theory and game theory to study revenue distribution and coordination between the contractor and the subcontractor. The revenue allocation proportion between the contractor and the subcontractor and the optimal effort level of them respectively in independent decision-making and the centralized decision-making are found by solving the model. Research shows that the total revenue of the general project in the centralized decision-making is greater than the revenue in independent decision-making, the maximum revenue of the general project and “win-win” of the parties can be realized by coordinating the revenue of the contractor and the subcontractor.
Keywords
construction industry; decision making; game theory; incentive schemes; profitability; supply chains; construction supply chain; coordination research; decision making; game theory; general project contractor; incentive theory; profit distribution; revenue allocation; revenue distribution; Contracts; Decision making; Educational institutions; Games; Incentive schemes; construction supply chain; coordinate; decision model; revenue distribution;
fLanguage
English
Publisher
ieee
Conference_Titel
Service Operations, Logistics, and Informatics (SOLI), 2011 IEEE International Conference on
Conference_Location
Beijing
Print_ISBN
978-1-4577-0573-1
Type
conf
DOI
10.1109/SOLI.2011.5986584
Filename
5986584
Link To Document