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