• DocumentCode
    2148727
  • Title

    An Analysis Based on Game Theory about the Complicity between Contractor and Supervisor in the Construction Claims

  • Author

    Tong Zeping

  • Author_Institution
    Econ. & Manage. Sch., Wuhan Univ., Wuhan, China
  • fYear
    2010
  • fDate
    24-26 Aug. 2010
  • Firstpage
    1
  • Lastpage
    3
  • Abstract
    Based on the game theory, the paper discusses the collusion between contractor and supervisor in construction claims. By creating a three-person game model, the paper analyzes the strategies of the entire three partners. There is no pure strategy Nash equilibrium, so they should select their strategies by chance according mixed strategy Nash equilibrium. Furthermore, the paper suggests government how to reduce the likelihood of collusion.
  • Keywords
    contracts; game theory; project management; collusion likelihood; construction claims; contractor-supervisor complicity; game theory; mixed strategy Nash equilibrium; three-person game model; Analytical models; Biological system modeling; Construction industry; Games; Nash equilibrium;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Management and Service Science (MASS), 2010 International Conference on
  • Conference_Location
    Wuhan
  • Print_ISBN
    978-1-4244-5325-2
  • Electronic_ISBN
    978-1-4244-5326-9
  • Type

    conf

  • DOI
    10.1109/ICMSS.2010.5576197
  • Filename
    5576197