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An Analysis of the Game in the Investment Decision-making Hearing of the Large Public Buildings

  

  1. School of Business Administration, Guangzhou University, Guangzhou 510006, China
  • Online:2015-12-31 Published:2016-03-24

Abstract:

The investment decision-making hearing of the large public buildings is a complicated and systematic problem in project management decision. It is a very effective and feasible way for the local government, experts and public representations to participate in the investment decision-making by organizing the hearing. Based on studying the principle of bargaining game theory, it will be more suitable to apply this theory in the investment decision-making hearing of the large public buildings. Then, by building a tripartite bargaining game model of non-collusion in the hearing, the benefits and strategies of all parties will be analysed. Finally, the equilibrium of the model will be solved, and corresponding suggestions will be given by standing on the different parties.

Key words: large public buildings, investment decisions, public participation, bargaining