Title :
Research on trilateral game among owner, contractor and engineering supervisor in communication construction market
Author :
Zhao, Yumei ; Hua, Rong ; Zhang, Xiaodong ; Li, Yaxian
Author_Institution :
Sch. of Econ. & Manage., Beijing Univ. of Posts&Telecommun., Beijing, China
Abstract :
This paper combines principal-agent theory with rent-seeking theory, comprehensively analyzes the relationships among owner, supervisor and contractor, utilizes game theory to establish the model of owners, supervisor and contractor, and analyzes the game behavior or rent-seeking between supervisor and contractor. This paper adds the long-term economic benefits and reputation of supervisor and contractor into the tripartite game model, and proposes some constructive comments.
Keywords :
construction industry; economic forecasting; game theory; communication construction market; game theory; long-term economic benefits; owner-supervisor-contractor relationship; principal-agent theory; rent-seeking theory; trilateral game; tripartite game model; Communication industry; Construction industry; Electronic mail; Engineering management; Game theory; Hydroelectric power generation; Quality control; Risk management; Toy industry; Water conservation; Communication Construction market; Rent-seeking; Risk Management; Trilateral Game;
Conference_Titel :
Control and Decision Conference (CCDC), 2010 Chinese
Conference_Location :
Xuzhou
Print_ISBN :
978-1-4244-5181-4
Electronic_ISBN :
978-1-4244-5182-1
DOI :
10.1109/CCDC.2010.5498826