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The regulation of human behavior by institutions can be deemed as a process of social choice, in which specific social choice rules attain the objective of institution design by governing human choices. This paper provides a new framework of institution design — institution design based on social choice, which avoids the “black box” dilemma in institution design. The paper discusses the key issues...
Time, cost, quality, and safety, with mutual influence, are the four major control items for project management. The best solution for a project is to achieve high quality with low cost in a proper time limit and without safe accident. Based on the comprehensive limitations above, an integrated optimization model is build up, which can balance the construction time-cost-quality-safety systematically...
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