• DocumentCode
    3221693
  • Title

    The game model analysis on the supervision of the project department from construction enterprises

  • Author

    Pengwei, Yue ; Guanghui, Li

  • Author_Institution
    Sch. of Civil & Archit. Eng., Zhengzhou Inst. of Aeronaut. Ind. Manage., Zhengzhou, China
  • fYear
    2011
  • fDate
    22-24 April 2011
  • Firstpage
    836
  • Lastpage
    838
  • Abstract
    How to realize the supervision of the project department from construction enterprises, and realize the win win between construction enterprises and the project department, is the key to promote the project management competence of construction enterprises. In order to solve the above problem, the paper has constructed the game model between construction enterprises and the project department, and has obtained Nash equilibrium solution of the game model. Through the analysis of the game model, the paper can draw the following conclusion; For project department personnel as the rational economic men, their opportunistic behavior is inevitable, and is the inevitable result of two sides´ game equilibrium. Therefore, strengthening the supervision of opportunistic behavior finally depends on enterprises´ supervision efficiency as well as the penalty to opportunistic behavior.
  • Keywords
    construction industry; game theory; project management; Nash equilibrium solution; construction enterprises; game equilibrium; game model analysis; project department; project management competence; Analytical models; Architecture; Economics; Games; Monitoring; Personnel; Project management; construction enterprises; game model; project department; supervision;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Electric Technology and Civil Engineering (ICETCE), 2011 International Conference on
  • Conference_Location
    Lushan
  • Print_ISBN
    978-1-4577-0289-1
  • Type

    conf

  • DOI
    10.1109/ICETCE.2011.5774542
  • Filename
    5774542