Title :
Game Theory-Based Research on Revenue Allocation Model for Stakeholders´ Harmonious Integration of Construction Project
Author :
Yi-bin Ao ; Yan Wang
Author_Institution :
State Key Lab. of Geohazard Prevention & Geoenvironment Protection, Chengdu Univ. of Technol., Chengdu, China
Abstract :
It depends on the revenue allocation that the stakeholders of construction project can cooperate harmoniously or not for it can reduce the conflict among the stakeholders and construction resources if the income can be distributed reasonably.With the use of game theory, this paper has created a rational revenue allocation model and determined the non-egalitarian distribution coefficient on the basis of former work. And it concluded the conditions of harmonious construction income distribution and does an application of the model.
Keywords :
construction industry; financial management; game theory; project management; conflict reduction; construction project integration; construction project stakeholders; game theory; harmonious construction income distribution; nonegalitarian distribution coefficient; rational revenue allocation model; Correlation; Economics; Game theory; Games; Government; Investments; Resource management;
Conference_Titel :
Computer and Management (CAMAN), 2011 International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-9282-4
DOI :
10.1109/CAMAN.2011.5778852