Trilateral Evolutionary Game Strategy for the Design Optimization of Engineering General Contracting Projects in the Chinese Context

Author:

Hu Daisong1,Lu Ting1,Feng Hui2,Yan Huadong1,Zhao Ying1,Feng Jingchun1

Affiliation:

1. Business School, Hohai University, Nanjing 211100, China

2. School of Economics and Management, Nanjing Institute of Technology, Nanjing 211167, China

Abstract

The engineering general contracting mode is an advanced engineering transaction mode, and design optimization is one of the important driving forces for vigorously promoting the general contracting mode. The application proportion of the general contracting mode in infrastructure projects is not high, the number of successful projects is not large, and the implementation effect is not ideal. One of the main reasons is that the design optimization theory and practice of international standard general contracting projects cannot adapt to the general contracting projects in the Chinese context, making local general contracting projects face huge challenges such as low enthusiasm for design optimization from all parties and unsatisfactory design optimization effects. Therefore, under the premise of bounded rationality, when the owner adopts control methods of different intensities, an evolutionary game study on the selection of design optimization strategies between the design and construction parties is carried out, and stability control strategies are proposed through case experiments and simulations. The research results indicate the following: firstly, the design optimization of general contracting projects in the Chinese context is feasible, but it depends on the distribution ratio of benefits obtained from the design optimization. Compared with general civil construction general contracting projects, the design optimization allocation ratio of industrial construction general contracting projects is more significant; secondly, the mixed control method of strong control and weak control is the optimal choice for the owner of the general contracting project; and thirdly, there are multiple evolutionary stable points, and mechanism design or incentive measures should be used to guide owners to choose weak control strategies, while design and construction parties should choose their design optimization strategies. The research results provide a reference for owners to determine the proportion and scheme of design optimization allocation, and for construction parties to determine design optimization strategies.

Funder

Jiangsu Provincial Social Science Foundation

Major Projects of the National Science and Technology Support Plan for the Eleventh Five Year Plan

Publisher

MDPI AG

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