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The past decade has witnessed a rapid development of the international construction market. This research aims to investigate top Chinese contractors' surplus distribution created by Value Engineering (VE). During the past few decades, VE approach has been widely used in the area of construction, which focuses on the lowest lifecycle cost consistent with performance, quality and reliability. Only...
Engineering quality has always been an important objective of the project, however, at present, in China's market economy conditions, high-quality engineering requires the effective supervision of the engineer. In order to increase the probability of contractor's guarantee of quality, this paper makes some hypotheses, and based on these hypotheses, a static game model among engineer and contractor...
This paper narrates the meanings and the characteristics of synergic knowledge innovation in the supply chain firstly. Then two basic gaming in synergic knowledge innovation in the supply chain are discussed respectively and corresponding tactic of incentive mechanism are proposed. One gaming is in constructing knowledge repository, and the other gaming is "pick-up" in the procedure of knowledge...
In the parallel contracting mode with characteristics of single client and several contractors in construction phase, quality rank-order tournaments is analyzed whether it can incentive contractors to improve quality or not from the angle of client by applying the correlation theory and technique of Game theory and Economics of Information. Quality rank-order tournaments game model is established,...
Existing Building energy efficiency retrofit is an important component of Chinese building energy efficiency strategy. There are several factors determining the level of inputs and the effect are asymmetric information within the energy efficiency regeneration process, such as endeavor of the owners of existing buildings, etc. Using the principle-agent theory to establish a cooperative game model...
The institution of registration about putting on records of complete projects is carried out in China. Decisions on registration about putting on records of complete projects is an important measure for government supervision organizations construction quality to carry out their functions of enforcing the law. Because the organizations and owners seek usually outstanding achievements and potential...
Construction change is common and inevitable in construction practice and it makes up a large proportion of the initial contract price. Thus disputes often arise between the owner and the contractor in the process of change pricing. Based on this issue, this paper develops a Dynamic Game Model to analyze this process. After solving the game tree, the paper gets the equilibration paths in different...
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