Title :
Study on the Cooperation and Credit Mechanism of Lean Construction
Author :
Zhu Kongguo ; Li Shuquan
Author_Institution :
Sch. of Bus., Tianjin Univ. of Finance & Econ., Tianjin
Abstract :
The lean construction process demands coordination and cooperation of each participant. But the construction industry has the fragmented nature. So, how to coordinate the relation of every participant becomes the key issue of project success. Considering the difference of the profits and needs in lean construction project cooperation, this paper took game theory to explore the factors which influence the participants to achieve success. Then the model of credit control mechanism was established to analyse the cooperation character of construction market. This research is valuable for cooperation improvement in practice, and provides a way of thinking to forecast the cooperation development in lean construction so as to control it.
Keywords :
construction industry; game theory; lean production; project management; construction industry; construction market; construction project cooperation; credit control mechanism; game theory; lean construction; project success; Construction industry; Contracts; Decision making; Economic forecasting; Environmental economics; Finance; Game theory; Government; Information technology; Protection; Asymmetry Information; Cooperation Relationship; Credit Mechanism; Evolution Game; Lean Construction;
Conference_Titel :
MultiMedia and Information Technology, 2008. MMIT '08. International Conference on
Conference_Location :
Three Gorges
Print_ISBN :
978-0-7695-3556-2
DOI :
10.1109/MMIT.2008.156