Title :
The game analysis and countermeasures study of rent-seeking behavior of engineering supervisor
Author :
Rongjie Zhu ; Ying Peng ; Yushui Chen ; Jianjun Gu
Author_Institution :
Coll. of Archit. & Environ., Sichuan Univ., Chengdu, China
Abstract :
The rent-seeking action of engineering supervisor is a problem which the construction management departments at all levels always attach great importance to. With the further analysis of the relationship among contractor, engineering supervisor and owner in this paper, rent-seeking theory is employed to investigate the motive of the rent-seeking between engineering supervisor and contractor. Based on the principal-agent theory, this paper establishes a three party game model of contractor, engineering supervisor and employer, analyses the model and the game result in detail and puts forward measures to reduce the rent-seeking action of engineering supervisor.
Keywords :
construction; game theory; rental; construction management department; contractor; countermeasures study; employer; engineering supervisor; principal-agent theory; rent-seeking behavior; three party game model; Semiconductor device measurement; Engineering supervisor; Game analysis; Principal-agent; Rent-seeking;
Conference_Titel :
Information Management, Innovation Management and Industrial Engineering (ICIII), 2012 International Conference on
Conference_Location :
Sanya
Print_ISBN :
978-1-4673-1932-4
DOI :
10.1109/ICIII.2012.6339997