Research on Profit-Sharing Mechanism of IPD Projects Considering Multidimensional Fairness Preferences and BIM

Author:

Wang Lunyan12,Tao Mengyu3,An Xiaowei3,Dong Guanghua3

Affiliation:

1. College of Water Resources, North China University of Water Resource and Electric Power, Zhengzhou 450046, China

2. Henan Key Laboratory of Water Environment Simulation and Treatment, Zhengzhou 450046, China

3. School of Water Conservancy, North China University of Water Resource and Electric Power, Zhengzhou 450046, China

Abstract

The integration of building information modeling (BIM) and the integrated project delivery (IPD) mode effectively promotes collaboration among project members and enhances project profitability. However, the issue of profit sharing significantly impacts the successful implementation of IPD projects. To enhance the profit-sharing mechanism of IPD projects and ensure their smooth implementation, a game analysis model of profit sharing in IPD projects was established based on the Stackelberg game theory, taking into account the multidimensional fair preferences of the participants and the application of BIM technology. Through simulation, the impact of various parameters of participants on output utility, total revenue, and sharing coefficient in IPD projects was analyzed. The results show that: (1) participants achieve their highest output utility and total revenue under vertical–horizontal fairness preferences; (2) under vertical fairness preferences, the profit sharing coefficient is the highest, while the output utility and total revenue are the lowest; (3) although the output utility and total revenue of participants under horizontal fairness preferences exceed those under neutral fairness preferences, the profit-sharing coefficient is lower; (4) the output utility, the total revenue, and the profit-sharing coefficient of the participants all increase with the increase in effort utility value and decrease with the increase in the effort cost coefficient and the risk avoidance coefficient. The research findings provide valuable theoretical support for the profit sharing of IPD projects, thereby further promoting the advancement and implementation of the IPD model.

Publisher

MDPI AG

Subject

Information Systems and Management,Computer Networks and Communications,Modeling and Simulation,Control and Systems Engineering,Software

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