Analysis on Restriction Cooperation Game among Prefabricated Component Quality Responsibility Mutual Insurance Subjects

Ding, Hui; Lv, Chenyao; Anze, Zhang

doi:10.1061/9780784482308.068

Cited by 2 publications

(1 citation statement)

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“…Additionally, in China, the government cancelled the qualification requirements of prefabricated component manufacturers and the company investment threshold in 2016. For the production and use of prefabricated components, there is a lack of supervision system for the government (Ding et al 2019). As such, the component quality risks are further enlarged.…”

Section: Fig 1 Prefabricated Concrete Construction Processmentioning

confidence: 99%

An analysis of quality liability insurance for prefabricated components using evolutionary game theory

et al. 2022

Can. J. Civ. Eng.

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Managing quality risks of prefabricated components is one of the challenges for prefabricated construction. The Quality Liability Insurance for Prefabricated Components (QLIPC) is an effective approach to transfer such risks; however, limited research has been conducted regarding the development of QLIPC. This study introduces an Evolutionary Game Theory (EGT)-based approach incorporating decisions from both the government and insurance companies. In the EGT model, a payoff matrix under disparate strategies is constructed, and the evolutionary stable strategies (ESS) are deduced. The simulation calculation is then carried out by MATLAB using sample virtual data to demonstrate the analysis. The results show that the government should act as the game promoter because the QLIPC can reduce governance cost and has significant social benefits. This research contributes a theoretical framework to analyze the QLIPC development using the EGT theory, and it could help the government to make long-term strategies for developing the QLIPC market.

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Section: Fig 1 Prefabricated Concrete Construction Processmentioning

confidence: 99%