Research on the Application of Non-cooperative Game Theory in Construction Engineering Management

Research Article
Open access

Research on the Application of Non-cooperative Game Theory in Construction Engineering Management

Ziyang Kang 1 , Xinhua Li 2* , Jinghan Wang 3
  • 1 Tiemenguan City No. 1 Middle School    
  • 2 Harbin University of Commerce    
  • 3 Transbaikal State University    
  • *corresponding author lxh@s.hrbcu.edu.cn
Published on 10 November 2023 | https://doi.org/10.54254/2754-1169/33/20231625
AEMPS Vol.33
ISSN (Print): 2754-1177
ISSN (Online): 2754-1169
ISBN (Print): 978-1-83558-087-5
ISBN (Online): 978-1-83558-088-2

Abstract

With the increasing scale and complexity of construction projects, managers face challenges in decision-making, and non-cooperative game theory becomes an effective management tool. This paper studies its application in construction engineering management. A literature review and case study approach explores its applications in competitive bidding, supply chain management, regulatory platforms, and builders' games and its advantages and disadvantages. It is found that the game theory model performs well in optimizing decisions and improving management efficiency to maximize benefits. However, there are some limitations to the application of these models that require particular attention to adaptation. The paper explains that the application of non-cooperative game theory has been demonstrated in certain areas, and therefore, introducing non-cooperative game theory into the engineering management process would provide broader and deeper insights to help us make more informed decisions and improve management efficiency. To further enhance the efficiency and quality of engineering management, we need to explore in depth the more expansive application areas of non-cooperative game theory in engineering management.

Keywords:

non-cooperative game, construction engineering management, game theory

Kang,Z.;Li,X.;Wang,J. (2023). Research on the Application of Non-cooperative Game Theory in Construction Engineering Management. Advances in Economics, Management and Political Sciences,33,22-29.
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References

[1]. Azin Shakiba Barough, Mojtaba Valinejad Shoubi, Moohammad Javad Emami Skardi:Procedia-Social and Behavioral Sciences 58,1586-1593(2012) .

[2]. Jiang ZQ:Research on the application of game theory non-cooperative equilibrium game in construction engineering management [J]. Guangxi Quality Supervision Herald 07,82(2020).

[3]. Ren Guoqiang, & Zhang Hongyan :Research on the application of game theory in construction engineering management. Journal of Tianjin University of Technology 24(1),86-88(2008).

[4]. Zhu Gaoming, Wang Xijun, & Wang Mengjun: The application of game theory in engineering management. Journal of Changsha Railway Institute 20(1), 60-63(2002).

[5]. Chen SR:Research on the application of game theory in construction engineering management [J]. Jushe (12),123-136(2018).

[6]. Song Wen dart:Application of game theory in engineering management [J]. China Construction Metal Structure,24-25(2021).

[7]. Li Longlong :Logistics management of building materials in construction projects based on supply chain [D]. East China Jiaotong University, (2014).

[8]. Liu Bo.:Application of game theory non-cooperative equilibrium in construction engineering management. Housing and Real Estate,153 (2017).

[9]. Li Xiaoyuan:Research on optimization of supply chain management of building materials retail enterprises [D]. Yunnan University of Finance and Economics,( 2015).

[10]. Cui Yuanyuan:Research on the application of game theory in engineering management quality control[J]. Value engineering35(20),4-6(2016).

[11]. Chen Geng,Xu Bin:gAnalysis of the game between supervision and construction units in the quality management of engineering projects [J]. Transportation standardization(17),172-174(2010).

Cite this article

Kang,Z.;Li,X.;Wang,J. (2023). Research on the Application of Non-cooperative Game Theory in Construction Engineering Management. Advances in Economics, Management and Political Sciences,33,22-29.

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About volume

Volume title: Proceedings of the 7th International Conference on Economic Management and Green Development

ISBN：978-1-83558-087-5(Print) / 978-1-83558-088-2(Online)
Editor：Canh Thien Dang
Conference website: https://www.icemgd.org/
Conference date: 6 August 2023
Series: Advances in Economics, Management and Political Sciences
Volume number: Vol.33
ISSN：2754-1169(Print) / 2754-1177(Online)

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References

[1]. Azin Shakiba Barough, Mojtaba Valinejad Shoubi, Moohammad Javad Emami Skardi:Procedia-Social and Behavioral Sciences 58,1586-1593(2012) .

[2]. Jiang ZQ:Research on the application of game theory non-cooperative equilibrium game in construction engineering management [J]. Guangxi Quality Supervision Herald 07,82(2020).

[3]. Ren Guoqiang, & Zhang Hongyan :Research on the application of game theory in construction engineering management. Journal of Tianjin University of Technology 24(1),86-88(2008).

[4]. Zhu Gaoming, Wang Xijun, & Wang Mengjun: The application of game theory in engineering management. Journal of Changsha Railway Institute 20(1), 60-63(2002).

[5]. Chen SR:Research on the application of game theory in construction engineering management [J]. Jushe (12),123-136(2018).

[6]. Song Wen dart:Application of game theory in engineering management [J]. China Construction Metal Structure,24-25(2021).

[7]. Li Longlong :Logistics management of building materials in construction projects based on supply chain [D]. East China Jiaotong University, (2014).

[8]. Liu Bo.:Application of game theory non-cooperative equilibrium in construction engineering management. Housing and Real Estate,153 (2017).

[9]. Li Xiaoyuan:Research on optimization of supply chain management of building materials retail enterprises [D]. Yunnan University of Finance and Economics,( 2015).

[10]. Cui Yuanyuan:Research on the application of game theory in engineering management quality control[J]. Value engineering35(20),4-6(2016).

[11]. Chen Geng,Xu Bin:gAnalysis of the game between supervision and construction units in the quality management of engineering projects [J]. Transportation standardization(17),172-174(2010).

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