DocumentCode :
2964322
Title :
The Three-Stage Game between Contractor, Supervisor and Owner
Author :
Tong Zeping ; Hu Zhigen
Author_Institution :
Manage. Sch., Wuhan Univ. of Sci. & Technol., Wuhan, China
fYear :
2011
fDate :
12-14 Aug. 2011
Firstpage :
1
Lastpage :
3
Abstract :
Using game theory, the paper discusses the collusion between the contractor and supervisor as well as the action of owner. According to the judgment of the probability which the supervisor accepts the contract´s bribe, the owner gives his strategy. So supervisor judges the owner´s conduct to decide how to do. And then contractor makes the decision whether bribe or not. Therefore, all the strategies of players are discussed.
Keywords :
game theory; operations research; contractor; game theory; probability; supervisor; Bayesian methods; Contracts; Economics; Educational institutions; Game theory; Games; Industries;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Management and Service Science (MASS), 2011 International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-6579-8
Type :
conf
DOI :
10.1109/ICMSS.2011.5998230
Filename :
5998230
Link To Document :
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