The Research Of Game Thtory's Application On The Execution Of Construction Engineering

Game Theory has already become the central theory and primaryresearch method of modern microeconomics. It has also been in theforefront of research in economics. Research into Game Theory hasexperienced a rapid stage development, and its theory has been continuallyevaluated and perfected. But it has not been widely used in the engineeringfield. In accordance with the characteristic of the construction industry,this thesis uses Game Theory's ideas and methods to explain some currentphenomena in the construction industry. During the execution of a building's engineering,there are manyparticipats. This thesis analyses and studies the games that might beplayed between the project owner and the construction enterprise, andsimulates different architectural engineering execution conditions anddifferent relationships between the project owner and the constructionenterprise. At the same time, this thesis comes up with some theoreficalmethods and ideas to solve existent problems. According to differentpostulated conditions,different information structures and differentof the orders action, this thesis studies the games between the projectowner and the construction enterprise under three conditions, these are:static games with complete information, repeated games with completeinformation, and repeated games with incomplete information. As a result of analyzing this thesis,if there is no restrictiveagreement between project owner and construction enterprise, they wouldenter into a " prisoners' dilemma" in a single game. This result is notgood for either side. In order to avoid entering into the "prisoner'sdilemma", players must strengthen their co-operation and thegovernment's management of the construction industry, or change thepayoff in games to cause players to enter into forced cooperation. If both III北京工业大学工学硕士学位论文players are in repeated games, there are two conditions: completeinformation and incomplete information. Because these two status differin information structure , outcomes and payoffs are different. Ininfinitely repeated games of complete information, both players of gamescan also enter into cooperation and get out of the "prisoner's dilemma".In infinitely repeated games of incomplete information, informationbecomes the key to controlling initiative. Construction enterprises couldobtain more benefit depending on the dominance of information. Through the analysis of games between the project owner and theconstruction enterprise, this thesis supplies a rational concept andmethod to accelerate successful construction engineering, and providesan analysis method and the reference frame for the project owner and theconstruction enterprise to select their business strategies and forgovernment to institute policies and laws. The result of this strdy isthat players are able to cooperate effectively.