DocumentCode
2149083
Title
Analysis on the Establishment of Trust Mechanism in Real Estate Supply Chain
Author
Shi, Jiangang ; Wu, Guangdong
Author_Institution
Sch. of Econ. & Manage., Tongji Univ., Shanghai, China
fYear
2009
fDate
20-22 Sept. 2009
Firstpage
1
Lastpage
4
Abstract
Trust mechanism is the foundation for the effective operation of real estate supply chain, the success of real estate project is mainly determined by the performance and maintenance of trust mechanism. The game analysis, which selects a real estate enterprise and a contractor in the supply chain, showed that if desired trust action to be the participants´ optimal choice, the crucial step is to transform one time game into unlimited repeated games, namely constructing cooperative relationship based on long term trust within real estate supply chain participants. Therefore, the establishment of trust mechanism in real estate supply chain is an effective measure to solve long term cooperation, through maintaining trust relationship among participants to raise supply chain operational efficiency. This paper established the process model of the real estate supply trust mechanism, detailed discussed the strategies of constructing real estate supply chain trust mechanism, aiming for providing an reliable reference for the real estate supply chain effective and efficient operation.
Keywords
game theory; operations research; supply chain management; game analysis; one time game transformation; real estate enterprise; real estate supply chain; supply chain operational efficiency; trust mechanism establishment; unlimited repeated game; Contracts; Costs; Design engineering; Game theory; Materials requirements planning; Particle measurements; Performance analysis; Project management; Supply chain management; Supply chains;
fLanguage
English
Publisher
ieee
Conference_Titel
Management and Service Science, 2009. MASS '09. International Conference on
Conference_Location
Wuhan
Print_ISBN
978-1-4244-4638-4
Electronic_ISBN
978-1-4244-4639-1
Type
conf
DOI
10.1109/ICMSS.2009.5303863
Filename
5303863
Link To Document