Litcius/Paper detail

Analysis on Game Evolution of Latecomer Prefabricated Building Firm from the Perspective of Population Ecology

Zaohong Zhou, Xuechun Luo

2021Alexandria Engineering Journal12 citationsDOIOpen Access PDF

Abstract

Based on the research and development (R&D) state of prefabricated buildings, this paper establishes an evolutionary game model involving such three parties as latecomer prefabricated building firm (LPBF), related firm, and university-research institute, and simulates the evolutionary results of the game to determine the evolutionarily stable strategy (ESS) of the game. The results show that: In the tripartite system evolution, the evolution and trend of each party are closely related with the strategies chosen by the other two parties; eventually, the LPBF strategy always converges to R&D, while the strategies of related firm, and university-research institute always converge to cooperation in R&D. Whether the game system converges to the desired equilibrium state hinges on the R&D profit and cost of, and opportunistic profit from subsequent cooperation with the LPBF. During the development of prefabricated buildings, the game parties should promote the high-quality development of the industry by stepping up technological R&D, forging a complete industrial chain, and implementing industry-university-research cooperation.

Topics & Concepts

Profit (economics)Evolutionarily stable strategyPopulationEvolutionary game theoryPerspective (graphical)MicroeconomicsIndustrial organizationGame theoryEconomicsEcologyBusinessComputer scienceSociologyBiologyArtificial intelligenceDemographySustainable Building Design and AssessmentBuilding Energy and Comfort OptimizationUrban Design and Spatial Analysis