Title :
Pricing the Cost of Dredging Engineering Based on the Dynamic Game
Author :
Zhou, Bin ; Zhang, Zi Gang
Author_Institution :
Huangzhong Univ. of Sci. & Technol., Wuhan, China
Abstract :
The asymmetric and incomplete information of dredging engineering make it difficult to price the cost of dredging engineering. The paper using the game theory in pricing the cost of dredging engineering, establish the pricing model of the cost of dredging engineering based on static and dynamic game, and find the pricing model of the cost of dredging engineering based on the dynamic game is better than static game and the valuation model of bill of quantity(BOQ).
Keywords :
construction industry; game theory; pricing; bill of quantity; dredging engineering cost; dynamic game; pricing model; Buildings; Cost accounting; Cost function; Data engineering; Forward contracts; Fuels; Game theory; Lakes; Levee; Pricing; dredging engineering; dynamic game; pricing of the cost;
Conference_Titel :
Computational Science and Optimization (CSO), 2010 Third International Joint Conference on
Conference_Location :
Huangshan, Anhui
Print_ISBN :
978-1-4244-6812-6
Electronic_ISBN :
978-1-4244-6813-3
DOI :
10.1109/CSO.2010.184
