Research On Balance And Efficiency Of Engineering Cost Consulting Professional Liability Insurance In China

As the overall risk level of the construction cost industry is increasing,engineering cost consulting professional liability insurance plays an important role in improving the level of risk management in the industry,or increasing the international competitiveness of the industry.However,our engineering cost consulting professional liability insurance system has not been established,resulting that engineering cost consulting professional liability insurance is made dystocia in market,engineering cost consulting firm stuck in the "going out".In recent years,in the promotion of project cost industry association,although there have been a small part of the insurance company is willing to cooperate with the engineering cost consulting professiona l liability insurance pilot,but the pilot work are difficulties,the engineering cost consult ing professional liability insurance is scarce,the whole engineering cost consulting professiona l liability insurance market is in short supply,deviating from the balance,and the market resource al ocation is ineffective.Therefore,by studying the market equilibrium and efficiency of the engineering cost consulting professional liability insurance market,this study explores the equilibrium rule and improves the market efficiency,and provides policy recommendations for the construction of the engineering cost consulting professional liability insurance system.The main contents of this study include two parts:(1)the equilibrium evolution game analysis of the subject behavior of the engineering cost consulting professional liabilit y insurance market.By constructing the main body behavioral equilibrium evolutionary game model of the engineering cost consulting professional liability insurance market,we reveal the effects of various factors on the equilibrium,and verify the effect of the influence factors on the Matlab GUI simulation platform by numerical simulation.(2)the equilibrium and efficie nc y analysis of the engineering cost consulting professional liability insurance market.Based on the research of R-S-W equilibrium,the market efficiency analysis framework of engineering cost consulting professional liability insurance is built based on information symmetry and information asymmetry,then focuses on the improvement of risk classification on the efficie nc y of engineering cost consulting professional liability insurance market.The main achievements and conclusions of this study include:(1)identify the driving factors and impeding effects of influencing factors on the main body behavior equilibrium of the engineering cost consulting professional liability insurance market,but the driving effect of a single driving factor on equilibrium is limited.The hindrance factors will delay the balance of time,or even serious,to make the market evolve in a balanced way.(2)in the early stage of the engineering cost consulting professional liability insurance market,the proportion of insurance companies choosing to operate and the proportion of insurance companies that choose insurance will have a driving effect on the equilibrium of the main body behavior.The sooner the initial parties will have the more wil ingness to participate,the shorter the time to achieve the cooperation equilibrium.(3)complete risk classification and high accuracy risk classification can improve the efficiency of engineering cost consulting professional liabilit y insurance market,but the risk classification with low accuracy will not improve the efficie nc y of engineering cost consulting professional liability insurance market.Finally,a series of recommendations for the establishment of engineering cost consult ing professional liability insurance system have been provided: Establish and perfect the market credit evaluation system of engineering cost consulting industry,and appropriately improve the punishment of project cost consulting company's reputation overruns;Create conditions to solve the difficulty of project cost consulting company,who`s difficult to insurance and have the high cost to insurance,and insurance company who have high operating cost;Actively guide the insurance company to take the initiative to establish a special risk control mechanis m,especially to prevent the moral hazard of engineering cost consulting company;Explore deeply project cost consulting practice insurance policy support system construction,and give priority to implement project cost consulting company business competitive advantage and insurance company tax preferences.