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As the construction technology of infrastructure engineering are complex and the interest subjects are multivariate, the safety accidents are likely to occur in the construction when lack of supervision. In order to reduce the frequency of safety accidents, it is necessary to establish effective supervision mechanism. Based on the prospect theory, this paper constructs the evolution game model of infrastructure engineering safety supervision, then analyzing the interactive mechanism of supervision behavior of main interest subjects, and studying the factors affecting the evolution of the system. The results show that the stable state of infrastructure engineering safety supervision system is affected by management cost, penalty intensity, and accident loss. Through analysis, government should improve the punishment and establish effective restraint mechanism, as well as clarify the regulatory responsibilities of all subjects. Besides, supervision units can improve supervision efficiency through technological innovation to reduce the probability of accidents, and guarantee the quality and safety of infrastructure projects.
As the construction technology of infrastructure engineering are complex and the interest subjects are multivariate, the safety accidents are likely to occur in the construction when lack of supervision. In order to reduce the frequency of safety accidents, it is necessary to establish effective supervision mechanism. Based on the prospect theory, this paper constructs the evolution game model of infrastructure engineering safety supervision, then analyzing the interactive mechanism of supervision behavior of main interest subjects, and studying the factors affecting the evolution of the system. The results show that the stable state of infrastructure engineering safety supervision system is affected by management cost, penalty intensity, and accident loss. Through analysis, government should improve the punishment and establish effective restraint mechanism, as well as clarify the regulatory responsibilities of all subjects. Besides, supervision units can improve supervision efficiency through technological innovation to reduce the probability of accidents, and guarantee the quality and safety of infrastructure projects.
Analysis of the Evolutionary Equilibrium Strategy of Infrastructure Engineering Safety Supervision Based on Prospect Theory
Wu, Yi (author)
International Conference on Construction and Real Estate Management 2020 ; 2020 ; Stockholm, Sweden (Conference Held Virtually)
ICCREM 2020 ; 574-582
2020-10-14
Conference paper
Electronic Resource
English
Analysis Based on Game Theory for Construction Safety Supervision
British Library Conference Proceedings | 2006
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