Evolutionary Game Simulation on Government Incentive Strategies of Prefabricated Construction: A System Dynamics Approach
Joint Authors
Cheng, Baoquan
Huang, Jianling
Wei, Yuhu
Zhou, Xintao
Chen, Huihua
Huang, Lipeng
Kang, Xiaofang
Zhang, Wei
Source
Issue
Vol. 2020, Issue 2020 (31 Dec. 2020), pp.1-11, 11 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2020-10-06
Country of Publication
Egypt
No. of Pages
11
Main Subjects
Abstract EN
Prefabricated construction is a state-of-the-art construction technology of both socio-economic and environmental benefits, but sometimes, it is not welcome due to its high cost.
Governments play an important role in deeply promoting prefabricated construction, but its effects are not clear.
This paper developed a system dynamics model for investigating and simulating the impacts of government incentive strategies on prefabricated construction by considering the evolutionary game process between the government and contractors.
Data of Shanghai, China, is collected for demonstration and validation of the developed simulation model.
Results show that (1) the evolutionary stable strategy does not exist in static game process; (2) the rate of adopting prefabricated construction is affected by the level of penalties and subsidies; (3) dynamic incentive strategies can better improve the stability of the evolutionary game process; and (4) the rational range of incentive rate can be obtained.
Findings of this study facilitate governments to formulate and improve the incentive strategies of prefabricated construction, thus boosting the development of construction industrialization.
American Psychological Association (APA)
Cheng, Baoquan& Wei, Yuhu& Zhang, Wei& Zhou, Xintao& Chen, Huihua& Huang, Lipeng…[et al.]. 2020. Evolutionary Game Simulation on Government Incentive Strategies of Prefabricated Construction: A System Dynamics Approach. Complexity،Vol. 2020, no. 2020, pp.1-11.
https://search.emarefa.net/detail/BIM-1144967
Modern Language Association (MLA)
Cheng, Baoquan…[et al.]. Evolutionary Game Simulation on Government Incentive Strategies of Prefabricated Construction: A System Dynamics Approach. Complexity No. 2020 (2020), pp.1-11.
https://search.emarefa.net/detail/BIM-1144967
American Medical Association (AMA)
Cheng, Baoquan& Wei, Yuhu& Zhang, Wei& Zhou, Xintao& Chen, Huihua& Huang, Lipeng…[et al.]. Evolutionary Game Simulation on Government Incentive Strategies of Prefabricated Construction: A System Dynamics Approach. Complexity. 2020. Vol. 2020, no. 2020, pp.1-11.
https://search.emarefa.net/detail/BIM-1144967
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1144967